Reflections on the complementarity of engineering and economics Filmmaterial (2009)
Aufzeichnung der Veranstaltung im Auditorium Maximum der ETH Zürich, Freitag, 3. April 2009
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals (2008)
Blanford, Geoffrey J., Richels, Richard G., Rutherford, Thomas F.
Recent growth in carbon dioxide emissions from China's energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear to...
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals (2008)
Blanford, Geoffrey J., Richels, Richard G., Rutherford, Thomas F.
Recent growth in carbon dioxide emissions from China's energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear to...
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals (2008)
Blanford, Geoffrey J., Richels, Richard G., Rutherford, Thomas F.
Recent growth in carbon dioxide emissions from China's energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear to...
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals (2008)
Blanford, Geoffrey J., Richels, Richard G., Rutherford, Thomas F.
Recent growth in carbon dioxide emissions from China's energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear to...
Rausch, Sebastian, Rutherford, Thomas F.
OLG = Overlapping generations
GTAPinGAMS: The Dataset and Static Model (2007)
this paper does not have precisely the same structure as the GTAP model implemented in GEMPACK. There are several immediate di#erences between the standard GTAP model and the GTAPinGAMS model. First,...
Policy Reform Without Tears by (2007)
Glenn W. Harrison, Jesper Jensen, Morten I. Lau, Thomas F. Rutherford, The Darla Moore
Most of the major policy reforms being considered result in winners and losers. It would be nice if this were not so, and one could devise reforms that were “win-win” propositions when one digs...
Computation of Equilibria in OLG Models with Many Heterogeneous Households (2007)
Sebastian Rausch, Thomas F. Rutherford
This paper develops a decomposition algorithm by which a market economy with many households may be solved through the computation of equilibria for a sequence of represen-tative agent economies. The...
Decomposing Integrated Assessment Climate Change (2005)
Böhringer, Christoph, Löschel, Andreas, Rutherford, Thomas F.
We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of...
Integrating Bottom-Up into Top-Down: A Mixed Complementarity Approach (2005)
Böhringer, Christoph, Rutherford, Thomas F.
We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for...
Efficiency Gains from "What"-Flexibility in Climate Policy : An Integrated CGE Assessment (2005)
Böhringer, Christoph, Löschel, Andreas, Rutherford, Thomas F.
We investigate the importance of "what"-flexibility on top of "where"- and "when"-flexibility for alternative emission control schemes that prescribe long-term temperature targets and eventually...
Energy Market Projections and Differentiated Carbon Abatement in the European Union (2004)
Böhringer, Christoph, Jensen, Jesper, Rutherford, Thomas F.
We analyze the economic effects of the differentiated targets for carbon abatement in six European Union member states. Our recursively-dynamic model includes a detailed representation of trade and...
Böhringer, Christoph, Rutherford, Thomas F.
Policy interventions in large open economies do not only affect the allocation of domestic resources but change international market prices. The change in international prices implies an indirect...
Decomposing the Cost of Kyoto : A Global CGE Analysis of Multilateral Policy Impacts (2004)
Rutherford, Thomas F., Böhringer, Christoph
We decompose the economic implications of the Kyoto Protocol at the cross-country level, splitting the total economic impact for each region into contributions from its own emission abatement policy...
In Search of a Rationale for Differentiated Environmental Taxes (2004)
Böhringer, Christoph, Rutherford, Thomas F.
Environmental tax schemes in OECD countries often involve tax rates differentiated across industrial, commercial and household sectors. In this paper, we investigate four potentially important...
Computable General Equilibrium Analysis: Opening a Black Box (2004)
Böhringer, Christoph, Rutherford, Thomas F., Wiegard, Wolfgang
Computable general equilibrium models play an important role in applied economic research. These models accommodate the micro-consistent systematic analysis of complex economic problems where...
Trade Policy and Poverty Reduction in Brazil (2004)
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G., Gurgel, Angelo
Este estudio evalúa, usando un modelo CGE de regiones múltiples, las opciones de política regional, multilateral y unilateral de comercio del MERCOSUR, desde la perspectiva del bienestar de todos...
Trade Policy and Poverty Reduction in Brazil (2004)
Rutherford, Thomas F., Tarr, David G., Gurgel, Angelo, Harrison, Glenn W.
Este estudio evalúa, usando un modelo CGE de regiones múltiples, las opciones de política regional, multilateral y unilateral de comercio del MERCOSUR, desde la perspectiva del bienestar de todos...
Worked Examples in Dynamic Optimization: Analytic and Numeric Methods (2004)
Laurent Cretegny, Thomas F. Rutherford
Economists are accustomed to think about economic growth models in continuous time. However, applied models require numerical methods because of the absence of tractable analytical solutions. Since...
Trade Policy and Poverty Reduction in Brazil (2004)
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G., Gurgel, Angelo
A multiregion computable general equilibrium model is used to evaluate the regional, multilateral, and unilateral trade policy options of Mercosur from the perspective of the welfare of all potential...
Rules of Thumb for Evaluating Preferential Trading Arrangement: Evidence from CGE Assessments (2003)
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Usando un modelo de equilibrio general computable para múltiples sectores, en este documento se examina la estrategia chilena conocida como ¿regionalismo aditivo¿, que aplica el país para...
Rules of Thumb for Evaluating Preferential Trading Arrangement: Evidence from CGE Assessments (2003)
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Usando un modelo de equilibrio general computable para múltiples sectores, en este documento se examina la estrategia chilena conocida como ¿regionalismo aditivo¿, que aplica el país para...
Trade Liberalization, Poverty and Efficient Equity (2003)
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr
Even if trade liberalization results in the aggregate welfare gains over all households, it is possible that the poorest households could lose. Is it possible to undertake the reform in such a way...
Climate policies and induced technological change (2001)
Kverndokk, Snorre, Rosendahl, Knut Einar, Rutherford, Thomas F.
Policies to reduce emissions of greenhouse gases such as CO2 will affect the rate and pattern of technological change in alternative energy resources and other production processes. Imperfections in...
Computing Wardropian Equilibria in a Complementarity Framework (1998)
Michael C. Ferris, Alexander Meeraus, Thomas F. Rutherford
This note considers alternative methods for computing Wadropian (tra#c network) equilibria using a multicommodity formulation in nonlinear program and complementarity formats. These methods compute...
Computing Wardropian Equilibria in a Complementarity Framework (1998)
Michael C. Ferris, Alexander Meeraus, Thomas F. Rutherford
This note considers alternative methods for computing Wadropian (traffic network) equilibria using a multicommodity formulation in nonlinear program and complementarity formats. These methods compute...
MILES: A Mixed Inequality and nonLinear Equation Solver (1997)
MILES is a solver for nonlinear complementarity problems and nonlinear systems of equations. This solver can be accessed indirectly through GAMS/MPSGE or GAMS/MCP. This paper documents the solution...
Accessing realistic mixed complementarity problems within MATLAB (1996)
Michael C. Ferris, Thomas F. Rutherford
Abstract: This paper describes a suite of programs that allow realistic complementarity problems to be accessed from within the MATLAB programming environment. The suite of programs uses data...
Accessing Realistic Mixed Complementarity Problems Within Matlab (1996)
Michael C. Ferris, Thomas F. Rutherford
: This paper describes a suite of programs that allow realistic complementarity problems to be accessed from within the MATLAB programming environment. The suite of programs uses data generated from...
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr, Angelo Gurgel, Jel F, David Tarr, ...
The authors would like to thank the seminar participants at IPEA in Brasilia and BNDES in Rio de Janeiro, numerous agencies of the government of Brazil and Brazilian institutes and scholars
This paper describes a programming environment for economic equilibrium analysis. The system introduces the Mathematical Programming System for General Equilibrium analysis (MPSGE, Rutherford 1987)...
MILES: A Mixed Inequality and Non-Linear Equation Solver (1993)
MILES is a solver for nonlinear complementarity problems and nonlinear systems of equations. This solver can be accessed indirectly through GAMS/MPSGE or GAMS/MCP. This paper documents the solution...
Trade Reform in the Partially Liberalized Economy of Turkey (1993)
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Recent reforms in trade policy in Turkey have produced a foreign trade regime that exhibits very little antiexport bias on average. A quantitative, multisectoral general equilibrium model of the...
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr, David Tarr
Abstract: Using a multi-sector multi-country computable general equilibrium model, we examine Chile’s strategy of negotiating bilateral free trade agreements with all of its significant trading...
Trade Policy and Poverty Reduction in Brazil
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr, Angelo Gurgel
A multiregion computable general equilibrium model is used to evaluate the regional, multilateral, and unilateral trade policy options of Mercosur from the perspective of the welfare of all potential...
Morocco's free trade agreement with the European community : a quantitative assessment
Rutherford, Thomas F., Rutstrom, E.E., Tarr, David
Morocco is interested in developing a reciprocal free trade agreement with the European Community (EC), although it already enjoys free access to EC markets in industrial products and is not...
Trade Policy and Poverty Reduction in Brazil
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr, Angelo Gurgel
Using a multi-region CGE model, we evaluate the regional, multilateral and unilateral trade policy options of MERCOSUR from the perspective of the welfare of all potential partners. In Brazil, we...
Harrison, Glenn W., Rutherford, Thomas F., Tarr,David, Gurgel, Angelo
The authors estimate that the Free Trade Agreement of the Americas (FTAA), the EU-MERCOSUR agreement, and multilateral trade policy changes will all be beneficial for Brazil. The Brazilian government...
Economic implications for Turkey of a customs union with the European Union
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Turkey and the European Union (EU) have agreed to implement a customs union. This means Turkey will eliminate its tariffs and levies on imports on manufactured products from the EU. Turkey will also...
Trade policy options for Chile : a quantitative evaluation
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Chile is currently evaluating a wide range of possible trade policies. Using a global computable general equilibrium model, the authors examine a range of trade policy and complementary tax policy...
Trade liberalization and endogenous growth in a small open economy : a quantitative assessment
Rutherford, Thomas F., Tarr, David G.
The authors develop a numerical endogenous growth model approximating an infinite horizon, which allows them to investigate the relationship between trade liberalization and economic growth. Economic...
Foreign direct investment in services and the domestic market for expertise
Markusen, James, Rutherford, Thomas F., Tarr, David
A growing body of evidence suggests that the close availability of diverse business services is important for economic growth. Producer services such as managerial and engineering consulting can...
Glenn W. Harrison, Thomas F. Rutherford, Tarr,David
Most interesting results on the welfare effects of regional arrangements are ambiguous at a theoretical level. Many questions only have quantitative answers that are specific to the particular...
Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks
Florencio Lopez-de-Silane, James R. Markusen, Thomas F. Rutherford
Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The...
Discrete Plant-Location Decisions in an Applied General-Equilibrium Model of Trade Liberalization
James R. Markusen, Thomas F. Rutherford
Theoretical and applied work in industrial-organization approaches to international trade typically assume either that there are fixed numbers of firms, or that there is free entry and exit with a...
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Using a multisector, computable general equilibrium model, the authors examine Chile's strategy of negotiating bilateral free trade agreements with all of its significant trading partners (referring...
Equity and EffciencyCosts of Raising Tax Revenue inColombia
Thomas F. Rutherford, Miles K. Light, Felipe Barrera Osorio
This paper examines the Colombian tax system as it is represented in the 1997 social accounts. We implement an economic model based on these data and evaluate the welfare e®ects of raising...
Efficiency Gains from "What"-Flexibility in Climate Policy : An Integrated CGE Assessment
Böhringer, Christoph, Löschel, Andreas, Rutherford, Thomas F.
We investigate the importance of “what”-flexibility on top of “where”- and “when”-flexibility for alternative emission control schemes that prescribe long-term temperature targets and...
Integrating Bottom-Up into Top-Down: A Mixed Complementarity Approach
Böhringer, Christoph, Rutherford, Thomas F.
We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for...
Combining Top-Down and Bottom-up in Energy Policy Analysis: A Decomposition Approach
Böhringer, Christoph, Rutherford, Thomas F.
The formulation of market equilibrium problems as mixed complementarity problems (MCP) permits integration of bottom-up programming models of the energy system into top-down general equilibrium...
Energy market projections and differentiated carbon abatement in the European Union
Böhringer, Christoph, Jensen, Jesper, Rutherford, Thomas F.
We analyze the economic effects of the differentiated targets for carbon abatement in six European Union member states. Our recursively-dynamic model includes a detailed representation of trade and...
Decomposing the cost of Kyoto : a global CGE analysis of multilateral policy impacts
Böhringer, Christoph, Rutherford, Thomas F.
We decompose the economic implications of the Kyoto Protocol at the cross-country level, splitting the total economic impact for each region into contributions from its own emission abatement policy...
Böhringer, Christoph, Rutherford, Thomas F.
Policy interventions in large open economies do not only affect the allocation of domestic resources but change international market prices. The change in international prices implies an indirect...
Florencio Lopez-de-Silane, James R. Markusen, Thomas F. Rutherford
Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare...
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr
Using a multi-sector multi-country computable general equilibrium model, we examine Chile’s “additive regionalism” strategy of negotiating bilateral free trade agreements with all of its...
Structural Estimation and Solution of International Trade Models with Heterogeneous Firms
Russell H. Hillberry, Edward J. Balistreri, Thomas F. Rutherford
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003)...
Computation of Equilibria in OLG Models with Many Heterogeneous Households
Sebastian Rausch, Thomas F. Rutherford
This paper develops a decomposition algorithm by which a market economy with many households may be solved through the computation of equilibria for a sequence of representative agent economies. The...
Modeling services liberalization : the case of Kenya
Balistreri, Edward J., Rutherford, Thomas F., Tarr, David G.
This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign and...
Distributional Effects of Fiscal Consolidation.
This paper examines the distributional consequences of public debt reduction achieved through spending cuts. Under the assumption that public goods and transfers are relatively more valuable to the...
Linda Hunter, James R. Markusen, Thomas F. Rutherford
Free trade ; North American Free Trade Agreement ; Automobile industry and trade
Piecemeal trade reform in partially liberalized economies : an evaluation for Turkey
Harrison, Glenn W., Rutherford, Thomas F., Tarr, David G.
Turkey undertook a major liberalization of trade policy in the 1980s. Import quotas disappeared, the Turkish lira was made convertible, and tariffs are generally lower. Those changes and the export...
Quantifying the Uruguay Round.
Harrison, Glenn W, Rutherford, Thomas F, Tarr, David G
The effects of the Uruguay Round are quantified using a numerical general equilibrium model which incorporates increasing returns to scale, twenty-four regions, twenty-two commodities, and steady...
In Search of a Rationale for Differentiated Environmental Taxes
Bohringer, Christoph, Thomas F Rutherford
Environmental tax schemes in OECD countries often involve tax rates differentiated across industrial, commercial and household sectors. In this paper, we investigate four potentially important...
This paper describes a programming environment for economic equilibrium analysis. The system introduces the Mathematical Programming System for General Equilibrium analysis (MPSGE, Rutherford 1987)...
Regional Trading Arrangements for Chile: do the Results Differ with a Dynamic Model?
Thomas F. Rutherford, David G. Tarr
Starting from our earlier multi-region trade model, we develop two new 24 sector small open economy (SOE) computable general equilibrium models (CGE) of Chile. One is comparative static and the other...
Learning on the quick and cheap: Gains from trade through imported expertise
Jim Markusen, Thomas F. Rutherford
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here...
Learning on the Cheap and Quick: Gains from trade through imported expertise
James Markusen, Thomas F. Rutherford
Gains from knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here we focus on...
Tariffication of a Distorted Economy: A CGE Analysis.
Kaempfer, William H, Ross, Martin T, Rutherford, Thomas F
This paper examines the consequences of the tariffication of a quota when there are several potential distortions present in a country, including domestic monopoly and wage rigidities. it is...
Global impacts of the Kyoto agreement: results from the MS-MRT model
Bernstein, Paul M., Montgomery, W. David, Rutherford, Thomas F.
Distributional Effects of Fiscal Consolidation.
Jensen, Svend E Hougaard, Rutherford, Thomas F
If public goods and transfers are relatively more valuable to the poor, the elderly poor stand to lose from public debt reduction achieved through spending cuts. When long-term surpluses produced by...
Perroni, Carlo, Rutherford, Thomas F
Restrictions on carbon dioxide emissions affect international trade and the pattern of comparative advantage. This paper, based on calculations with a static general equilibrium model, suggests that...
Decomposing the integrated assessment of climate change
Bohringer, Christoph, Loschel, Andreas, Rutherford, Thomas F.
A dynamic general equilibrium model for tax policy analysis in Colombia.
Thomas F. RUTHERFORD, Miles K. LIGHT, Gustavo Adolfo HERNANDEZ
The paper documents a dynamic general equilibrium model for Colombia based on national accounts from 1999. The paper is part of a project intended to develop a capacity for the the design,...
Opciones de Política Comercial para Chile: Una Evaluación Cuantitativa
Glenn W Harrison, Thomas F Rutherford, David G Tarr
We examine the net economic benefits and government revenue implications for Chile of: (1) forming a free trade area with MERCOSUR; (2) forming a free trade area with NAFTA; and (3) reducing its...
Tariff line analysis of U.S. and international dairy protection
Jason H. Grant, Thomas W. Hertel, Thomas F. Rutherford
General equilibrium (GE) models have been criticized because of policy aggregation issues. Partial equilibrium (PE) models can be more disaggregated but do not account for the economy-wide effects...
Learning on the Quick and Cheap: Gains from Trade through Imported Expertise
James R. Markusen, Thomas F. Rutherford
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here...
Equity and EffciencyCosts of Raising Tax Revenue inColombia
Thomas F. Rutherford, Miles K. Light, Felipe Barrera Osorio
This paper examines the Colombian tax system as it is represented in the 1997 social accounts. We implement an economic model based on these data and evaluate the welfare e®ects of raising...
An Alternative Welfare Decomposition for Customs Unions.
Glenn W. Harrison, Thomas F. Rutherford, Ian Wooton
The authors present a means of evaluating the effects of customs-union formation by a decomposition of the overall welfare effect into two components: the consequences of induced changes in domestic...
Perroni, Carlo, Rutherford, Thomas F
This paper describes a procedure for testing the global properties of functional forms which recognizes their specific role in economic equilibrium modelling. This procedure is employed to...
A dynamic general equilibrium model for tax policy analysis in Colombia.
Thomas F. RUTHERFORD, Miles K. LIGHT, Gustavo Adolfo HERNANDEZ
The paper documents a dynamic general equilibrium model for Colombia based on national accounts from 1999. The paper is part of a project intended to develop a capacity for the the design,...
Climate policies and induced technological change: Impacts and timing of technology subsidies
Kverndokk, Snorre, Rosendahl, Knut Einar, Rutherford, Thomas F.
We study the role of technology subsidies in climate policies, using a simple dynamic equilibrium model with learning-by-doing. The optimal subsidy rate of a carbon-free technology is high when the...
Trade Policy Options for Chile: The Importance of Market Access
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr
This article uses a multisector, multicountry, computable general equilibrium model to examine Chile's strategy of "additive regionalism"--negotiating bilateral free trade agreements with all of its...
Trade Reform in the Partially Liberalized Economy of Turkey.
Harrison, Glenn W, Rutherford, Thomas F, Tarr, David G
Recent reforms in trade policy in Turkey have produced a foreign trade regime that exhibits very little antiexport bias on average. A quantitative, multisectoral general equilibrium model of the...
In Search of a Rationale for Differentiated Environmental Taxes
Böhringer, Christoph, Rutherford, Thomas F.
Environmental tax schemes in OECD countries often involve tax rates differentiated across industrial, commercial and household sectors. In this paper, we investigate four potentially important...
Learning on the quick and cheap : gains from trade through imported expertise
Markusen, James R., Rutherford, Thomas F.
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here...
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals
Geoffrey J. Blanford, Richard G. Richels, Thomas F. Rutherford
Recent growth in carbon dioxide emissions from China’s energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear...
Structural Estimation and Solution of International Trade Models with Heterogeneous Firms
Edward J. Balistreri, Russell H. Hillberry, Thomas F. Rutherford
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003)....
Computation of Equilibria in OLGModels with Many Heterogeneous Households
Sebastian Rausch, Thomas F. Rutherford
This paper develops a decomposition algorithm by which a market economy with many households may be solved through the computation of equilibria for a sequence of representative agent economies. The...
Rutherford, Thomas F., Tarr, David G.
We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all...
A Long Term Model of Oil Markets, Economic Growth and Balance of Payment Constraints.
Manne, Alan S, Rutherford, Thomas F
This paper describes LTM, a long term model of oil markets, economic growth and balance of payments constraints. In this paper the model is used to investigate the role of the demand elasticity for...
An Empirical Database for a General Equilibrium Model of the European Communities.
Harrison, Glenn W, Rutherford, Thomas F, Wooton, Ian
We document the main features of a database that has been constructed for use in an applied general equilibrium model. The model is designed to evaluate policies of the European Community (EC),...
Linda Hunter, James R. Markusen, Thomas F. Rutherford
A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico free trade. Special features of the model include (1) significant scale...
Foreign Direct Investments in Services and the Domestic Market for Expertise
James R. Markusen, Thomas F. Rutherford, David Tarr
Producer services such as managerial and engineering consulting can provide domestic firms with the substantial benefits of specialized knowledge that would be costly in terms of both time and money...
Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise
James R. Markusen, Thomas F. Rutherford
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here...
Extending General Equilibrium to the Tariff Line: U.S. Dairy in the Doha Development Agenda
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
International Relations/Trade,
The Case for International Emission Trade in the Absence of Cooperative Climate Policy
Jared C. Carbone, Carsten Helm, Thomas F. Rutherford
We evaluate the efficacy of international trade in carbon emission permits when countries are guided strictly by their national self-interest. To do so, we construct a calibrated general equilibrium...
Extending General Equilibrium to the Tariff Line: U.S. Dairy in the DOHA Development Agenda
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
Market access has been at the core of eight negotiating rounds of the General Agreement on Tariffs and Trade (GATT). Yet, agricultural trade remains a heavily protected sector, characterized by...
Structural Estimation and Solution of International Trade Models with Heterogeneous Firms
Edward J. Balistreri, Russell H. Hillberry, Thomas F. Rutherford
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003)....
Trade Policy Options for Chile: The Importance of Market Access
Glenn W. Harrison, Thomas F. Rutherford, David G. Tarr
This article uses a multisector, multicountry, computable general equilibrium model to examine Chile's strategy of "additive regionalism"---negotiating bilateral free trade...
Grant, Jason H., Hertel, Thomas W., Rutherford, Thomas F.
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Modeling services liberalization: The case of Kenya
Balistreri, Edward J., Rutherford, Thomas F., Tarr, David G.
This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign and...
The Economic Effects of Border Measures in Subglobal Climate Agreements
Mustafa H. Babiker, Thomas F. Rutherford
The Kyoto agreement as originally drafted sought to mitigate anthropogenic greenhouse gas emissions through policy measures by most industrialized countries. It now seems likely that the agreement...
Efficiency Gains from "What"-Flexibility in Climate Policy An Integrated CGE Assessment
Christoph Bohringer, Andreas Loschel, Thomas F. Rutherford
We investigate the importance of ÒwhatÓ-flexibility on top of ÒwhereÓ- and ÒwhenÓ-flexibility for alternative emission control schemes that prescribe long-term temperature targets and...
Effects of Restrictions on International Permit Trading: The MS-MRT Model
Paul M. Bernstein, W. David Montgomery, Thomas F. Rutherford, Gui-Fang Yang
This paper assesses the economic impacts of carbon abatement programs proposed under the Kyoto protocol: the distribution of economic burden across countries and regions, the implications for...
Alan S. Manne, Thomas F. Rutherford
This paper employs a five-region intertemporal model to examine three issues related to carbon emission restrictions. First, we investigate the possible impact of such limits upon future oil prices....
Trade and Welfare: Does Industrial Organization Matter?
Edward J. Balistreri, Russell H. Hillberry, Thomas F. Rutherford
Many contemporary theoretic studies of trade over geography reduce to an ex- amination of constant-elasticity reactions to changes in iceberg trade costs. These impacts are readily analyzed in simple...
The EU 20/20/2020 Targets: An Overview of the EMF22 Assessment
Böhringer, Christoph, Rutherford, Thomas F., Tol, Richard S. J.
Three computable general equilibrium models are used to estimate the economic implications of a stylized version of EU climate policy. If implemented at the lowest possible cost, the 20% emissions...