Abstract
We develop necessary conditions for welfare improving reforms. We show that our work may be useful in evaluating the desirability of preferential trading areas ( PTAs) and reforming Article XXIV of GATT. The conditions that no country necessarily loses from world trade reform are also derived.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 173-178 |
| Number of pages | 6 |
| Journal | Economics Letters |
| Volume | 67 |
| Issue number | 2 |
| DOIs | |
| State | Published - May 2000 |
All Science Journal Classification (ASJC) codes
- Finance
- Economics and Econometrics
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Cite this
Ju, J., & Krishna, K. (2000). Necessary conditions for welfare improving reforms. Economics Letters, 67(2), 173-178. https://doi.org/10.1016/S0165-1765(99)00256-6