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Specific tariffs, which are levied per unit of imports, have often been shown to be discriminatory against poor countries; it is because they export low-value goods that face a higher tariff burden in ad valorem terms than high-value goods for the same specific tariff. However, specific tariffs also have a positive aspect of being able to insulate the domestic economy from global price volatility...
Computable General Equilibrium (CGE) models are now routinely utilized for the evaluation of trade policy reforms, yet they are typically quite highly aggregated, which limits their usefulness to trade negotiators who are often interested in impacts at the tariff line. On the other hand, Partial Equilibrium (PE) models, which are typically used for analysis at disaggregate levels, deprive the researcher...
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