Measuring The Restrictiveness Of Trade Policy
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Author | : James E. Anderson |
Publisher | : MIT Press |
Total Pages | : 352 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : |
Extending the standard theory of index numbers that apply to prices, output or productivity, Anderson and Neary develop index numbers that apply directly to policy variables. Their theoretical work builds on, and extends, the standard theory of policy reform in open economics.
Author | : James E. Anderson |
Publisher | : |
Total Pages | : 40 |
Release | : 1994 |
Genre | : Commercial policy |
ISBN | : |
Author | : James E. Anderson |
Publisher | : |
Total Pages | : 48 |
Release | : 1993 |
Genre | : Commercial policy |
ISBN | : |
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 37 |
Release | : |
Genre | : |
ISBN | : |
Author | : Marc Bacchetta |
Publisher | : |
Total Pages | : 0 |
Release | : 2012 |
Genre | : Political Science |
ISBN | : 9789287038128 |
Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
Author | : Hiau Looi Kee |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2006 |
Genre | : |
ISBN | : |
The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and nontariff barriers for 91 developing and industrial countries. For each country, the authors estimate three trade restrictiveness indices. The first one summarizes the degree of trade distortions that each country imposes on itself through its own trade policies. The second one focuses on the trade distortions imposed by each country on its import bundle. The last index focuses on market access and summarizes the trade distortions imposed by the rest of the world on each country's export bundle. All indices are estimated for the broad aggregates of manufacturing and agriculture products. Results suggest that poor countries (and those with the highest poverty headcount) tend to be more restrictive, but they also face the highest trade barriers on their export bundle. This is partly explained by the fact that agriculture protection is generally larger than manufacturing protection. Nontariff barriers contribute more than 70 percent on average to world protection, underlying their importance for any study on trade protection.
Author | : Alessandro Antimiani |
Publisher | : |
Total Pages | : |
Release | : 2009 |
Genre | : |
ISBN | : |
This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade Restrictiveness Index (MTRI) - is employed to average tariffs at different levels of aggregation. The computation relies on a comparative static applied general equilibrium model (Global Trade Analysis Project-GTAP) featuring imperfect competition as well as on the bilateral applied tariffs included in the most recent version of the GTAP database. Results provide a different picture from what could have been expected given the widely publicized diffusion of preferential schemes supposedly favoring developing countries exports.
Author | : International Monetary Fund. Policy Development and Review Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 21 |
Release | : 2005-02-14 |
Genre | : Business & Economics |
ISBN | : 1498331858 |
This paper examines the construction of the index and its use over the past seven years, identifies its limitations, examines several alternative measures of trade policy, and highlights some options for improving the Fund’s use of trade policy indicators.
Author | : John Christopher Beghin |
Publisher | : World Scientific Publishing Company |
Total Pages | : 393 |
Release | : 2016-11-28 |
Genre | : Business & Economics |
ISBN | : 9813144416 |
Nontariff Measures and International Trade includes 20 chapters authored by John Beghin and co-authors over the last 20 years on the economics of quality-standard like nontariff measures in the context of international trade. This book provides a coherent and comprehensive treatment of these nontariff measures, from their measurement to their effects on trade and welfare. In Part I, the authors use different perspectives to make the case that, unlike tariffs, quality-standard like nontariff measures are complex to measure and analyze and do not easily lead to general policy prescriptions. Then, Part II contains contributions on measurements of welfare and trade effects of nontariff measures, accounting for potential market imperfections. Part III presents chapters on the potential protectionism of nontariff measures when they are used to favor some economic agents over society. The last part presents cases studies of nontariff measures in different industries, markets, and countries.
Author | : Carmen Fillat Castejón |
Publisher | : |
Total Pages | : 35 |
Release | : 2007 |
Genre | : |
ISBN | : |
We show that it is possible to estimate the cost of protection in terms of the trade loss for the protected country using a widely accepted and theory-based specification of the gravity model in combination with descriptive trade policy indicators. Data and implementation requirements are lower than in CGE models and this permits estimations with wider samples of countries and years. The outcome can be interpreted as the uniform tariff that synthesizes both the direct effect of trade barriers and the indirect effect of import substitution. The estimated tariff equivalents confirm the underestimation of protection costs by more than 40% when using weighted average tariffs, in accordance with previous literature, with a greater measurement error for less developed countries. Furthermore, substitution elasticities are shown to be a key mechanism for the restrictiveness of tariff policies.