A User's Guide to Uruguay Round Assessments

CEPR Discussion Paper Series No. 1410

Posted: 7 Feb 1997

See all articles by Bradley McDonald

Bradley McDonald

World Trade Organization (WTO)

Hakan Nordstrom

Swedish Board of Trade

Joseph F. Francois

University of Bern - Department of Economics; Centre for Economic Policy Research (CEPR); Vienna Institute of International Economic Studies (WIIW); University of Adelaide - School of Economics

Date Written: June 1996

Abstract

In this paper we provide a broad overview of the computable general equilibrium (CGE) literature on the Uruguay Round, detailing the policy experiments of various studies and differences in model structures and relating these to the overall pattern of results. We supplement this overview with a discussion of implementation and offsetting factors. Overall, the literature points to significant potential gains from the Uruguay Round, particularly from non-tariff barrier (NTB) liberalization. Strict monitoring and enforcement of NTB-related provisions would yield significant benefits, while lax implementation would imply significant missed opportunities.

JEL Classification: F13, F47

Suggested Citation

McDonald, Bradley and Nordstrom, Hakan and Francois, Joseph F, A User's Guide to Uruguay Round Assessments (June 1996). CEPR Discussion Paper Series No. 1410. Available at SSRN: https://ssrn.com/abstract=4625

Bradley McDonald

World Trade Organization (WTO)

154 Rue de Lausanne
CH-1211 Geneva 21
Switzerland

Hakan Nordstrom

Swedish Board of Trade ( email )

Sweden

Joseph F Francois (Contact Author)

University of Bern - Department of Economics ( email )

Schanzeneckstrasse 1
Bern, CH-3001
Switzerland

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Vienna Institute of International Economic Studies (WIIW) ( email )

Oppolzergasse 6
A-1010 Vienna
Austria

University of Adelaide - School of Economics ( email )

Adelaide SA, 5005
Australia
+61 8 8303 5540 (Phone)
+61 8 8223 1460 (Fax)

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