{"id":12933,"date":"2013-12-02T07:02:28","date_gmt":"2013-12-02T06:02:28","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=12933"},"modified":"2013-12-02T07:02:28","modified_gmt":"2013-12-02T06:02:28","slug":"predicting-the-impact-of-trade-reform-in-the-us","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/predicting-the-impact-of-trade-reform-in-the-us\/","title":{"rendered":"Predicting the Impact of Trade Reform in the US"},"content":{"rendered":"<p>This paper develops a methodology for predicting the impact of trade liberalization on exports by industry. Predictions for industry-level changes in trade for the United States and Korea following the U.S.-Korea Free Trade Agreement (KORUS) are made. As a test for our methodology, we show that it performs significantly better than the applied general equilibrium models originally used for the policy evaluation of the North American Free Trade Agreement (NAFTA). \u00a0 \u00a0 <strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/sr492.pdf\" target=\"_blank\">\u00a0Impact of Trade Reform<\/a><\/strong><\/p>\n<p style=\"text-align: center\"><a href=\"http:\/\/www.w-t-w.org\/en\/predicting-the-impact-of-trade-reform-in-the-us\/us-korea-trade-agreement\/\" target=\"_blank\" rel=\"attachment wp-att-12935\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-12935\" alt=\"US-Korea Trade Agreement\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/US-Korea-Trade-Agreement-300x200.jpg\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/US-Korea-Trade-Agreement-300x200.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/US-Korea-Trade-Agreement-449x300.jpg 449w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/US-Korea-Trade-Agreement.jpg 545w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This paper develops a methodology for predicting the impact of trade liberalization on exports by industry. Predictions for industry-level changes in trade for the United States and Korea following the U.S.-Korea Free Trade Agreement (KORUS) are made. As a test &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/predicting-the-impact-of-trade-reform-in-the-us\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[23,13],"tags":[],"class_list":["post-12933","post","type-post","status-publish","format-standard","hentry","category-entrepreneurs","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"This paper develops a methodology for predicting the impact of trade liberalization on exports by industry. 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