First published in 1999, Dynamic Issues in Commercial Policy Analysis focuses on the explicit specification of dynamic mechanisms in the formal analytics of trade models. A wide range of modelling approaches is employed to investigate an even wider range of policy issues, with an overall objective of further extension of the basic conceptual framework of applied commercial policy analysis in the direction of dynamic issues and applications. Professors Baldwin and Francois and their contributors emphasise methods for the analysis of interactions between commercial policy and leading policy issues, including investment performance, economic growth and innovation, the location of industry, migration, and the environment.
• Important and original research with major theoretical, business and policy implications • Part of the successful sequence with the Centre for Economic Policy Research • Trade policy subject of massive international debate
Introduction R. E. Baldwin and J. F. Francois; 1. Transition dynamics and trade policy reform J. F. Francois, H. Nordstrom and C. R. Shiells; Discussion R. E. Baldwin; 2. Putting growth effects in computable equilibrium trade models R. E. Baldwin and R. Forslid; Discussion C. Keuschnigg; 3. Innovation, capital accumalation, and economic transition C. Keuschnigg and W. K. Kohler; 4. Multinational production, skilled labour, and real wages J. Markusen and A. Venables; Discussion T. Kehoe; 5. Economic Policy and the manufacturing base A. J. Venables; Discussion J. P. Neary; 6. Liberalisation and investment in a multilateral framework J. F. Francois, B. J. McDonald and H. Nordstrom; Discussion Ian Wooton; 7. Investment creation and investment diversion J. I. Haaland; Discussion A. Smith; 8. Blueprints, spillovers, and dynamic gains from liberalization T. F. Rutherford and D. G. Tarr; Discussion U. Kohli; 9. Trade Policy and North-South migration J. F. Francois and D. Nelson; 10. Long-term modelling of trade and environmental linkages J. Beghin, D. Roland-Holst and D. van der Mensbrugghe; 11. Labour markets and dynamic comparative advantage D. Roland-Holst.