Welfare impacts of a trade restriccion: an equilibrium approach and application in the potash industry

A three-sector equilibrium open economy model is developed for measuring welfare effects of a trade restriction. The approach is applied to the U.S./Canadian trade agreement on potash (USCTAP). The net effect of USCTAP to U.S. firms, households, and the governemnt over the july 1987-june 1992 period was a social welfare cost of

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Bibliographic Details
Main Authors: 53733 Canning, P., 129869 Vroomen, H., 6885 Department of Agriculture, Washington, D.C. (EUA)
Format: Texto biblioteca
Language:eng
Published: Washington, D.C. (EUA) 1994
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