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Teaching Material on Trade Policy Analysis

 

Table of contents


MODULE 1 - DESCRIPTIVE STATISTICS 

Theme 1 opens the discussion with trade flows, for which there exists a large variety of data sources, but where original data are affected by two major problems. On the one hand, import value data are known to be more reliable than export values or import volumes, which calls for prudence in interpretation when dealing with bilateral flows or unit values. On the other hand, trade and production classifications differ, which means that it is often necessary to aggregate data when both type of information is needed.

The structure of Theme 2, which tackles trade policy, is similar, addressing data issues first, and descriptive statistics second.


MODULE 2 - EX-POST STATISTICAL ANALYSIS 

This module discusses two techniques of econometric analysis: the so-called gravity equation, and the general-equilibrium framework.


MODULE 3 - EX-ANTE AND COUNTERFACTUAL ANALYSIS 

This module will look at two types of simulation exercises: Partial equilibrium models, used to analyse cases where the degree of disaggregation is crucial, and general equilibrium (GE) models, used when the scope of the experiment is large so that inter-market linkages, budget constraints and real exchange rate effects are expected to be particularly important.


Member localizations:

University of Chile (2009) -

University of Jordan (2009) - {user_group 10 || 6 || 8}Word document{/group}

 

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