This book provides a comprehensive introduction to the applied economic modeling of trade policies. The book introduces the reader to trade policy concepts, welfare measurement, accounting frameworks, and both partial and general equilibrium modeling approaches. It first covers these topics at a basic level and then introduces the reader to a number of more advanced topics: imperfect competition, dynamic modeling, labor market structure, and environmental modeling. Economic graduate students, professors, and policy makers will find the collection to be an important reference tool. Our hope is that the book will help the professional economist in making the transition from theory to policy.

Part I. Introduction

1. Applied Methods for Trade Policy Analysis: An Overview
Joseph F. Francois and Kenneth A. Reinert

Part II. Basic Frameworks

2. Quantifying Commerical Policies
Samuel Laird

3. Measuring Welfare Changes with Distortions
William J. Martin

4. Social Accounting Matrices
Kenneth A. Reinert and David W. Roland-Holst

5. Partial Equilibrium Modeling
Joseph F. Francois and H. Keith Hall

6. Simple General Equilibrium Modeling
Shanta Devarajan, Delfin Go, Jeffrey D. Lewis,
Sherman Robinson, and Pekka Sinko

Part III. Standard Applications

7. Sector-Focused General Equilibrium Modeling
Bruce A. Bloningen, Joseph E. Flynn, and Kenneth A. Reinert

8. Multi-Market, Multi-Region Partial Equilibrium Modelling
Vernon O. Roningen

9. Multi-Region General Equilibrium Modeling
Thomas W. Hertel, Elena Ianchovichina, and Bradley McDonald

10. Household Disaggregation
Farida Khan

Part IV. Extensions

11. Scale Economies and Imperfect Competition
Joseph F. Francois and David W. Roland-Holst

12. Trade and Investment: Capital Accumulation in Applied Trade Models
Joseph F. Francois, Bradley J. McDonald, and Håkan Nordström

13. Dynamics of Trade Liberalization
Christian Keuschnigg and Wilhelm Kohler

14. Trade and Labor Market Behavior
Karen E. Thierfelder and Clinton R. Shiells

15. Labor Market Structure and Conduct
Andréa M. Maechler and David W. Roland-Holst

16. Trade and Environment
Hiro Lee and David W. Roland-Holst