A new approach to evaluating trade reform

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Author(s)
Uri
Date Issued
July 1988
Date Available
30T14:04:11Z September 2009
Abstract
Dual methods are awkward to use for quota reform analysis. This paper develops a distance function concept (Deaton (1979)) relevant to trade distortions: the Distorted Trade Distance Function. It has the great advantage of being a minimum value function, permitting the use of standard techniques for easy achievement of general positive and normative results in the evaluation of trade reform. Quotas are the predominant means of protection in developed countries and distance function methods are the natural method for their analysis. We also define an operational general equilibrium distance measure, the coefficient of trade utilization.
External Notes
A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Type of Material
Working Paper
Publisher
University College Dublin. School of Economics
Series
UCD Centre for Economic Research Working Paper Series
WP88/8
Subject – LCSH
Commercial policy--Mathematical models
Trade regulation
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
Owning collection
Economics Working Papers & Policy Papers