Trade Policy Options for Chile: The Importance of Market Access
使用多部门多国可计算一般均衡模型，评估智利与主要贸易伙伴谈判双边自由贸易协定的策略，发现与北方伙伴的协议能克服贸易转移成本，但全球自由贸易的收益远大于区域安排。
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 significant trading partners. Taking Chile's regional arrangements bilaterally, only its agreements with Northern partners provide sufficient market access to overcome trade diversion costs. Due to preferential market access, however, additive regionalism is likely to provide Chile with gains that are many multiples of the static welfare gains from unilateral free trade. At least one partner country loses from each of the regional agreements considered, and excluded countries as a group always lose. Gains to the world from global free trade are estimated to be vastly larger than gains from any of the regional arrangements.