期刊名称：Discussion Papers / School of Business, University of New South Wales
出版年度：2007
卷号：2007
出版社：Sydney
摘要：We use a dynamic computable general equilibrium model to revisit the dynamic benefits
of the Australia-USA Free Trade Agreement and, in particular, to evaluate the insurance
value of this agreement in the face of regional and global trade wars. The insurance
benefits are quantified by comparing the status quo against alternative scenarios where
some or all regions raise tariffs by 10 percent, both permanently and temporarily. These
insurance gains are found to be as much as four times larger than the traditional status
quo efficiency gains.
关键词：Trade policy, Computable General Equilibrium, Human Capital, Dynamics
