A new approach to evaluating trade reform

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Title: A new approach to evaluating trade reform
Authors: Anderson, James E.Neary, J. Peter
Permanent link: http://hdl.handle.net/10197/1454
Date: Jul-1988
Online since: 2009-09-30T14:04:11Z
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.
Item 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/Report no.: UCD Centre for Economic Research Working Paper Series; WP88/8
Subject LCSH: Commercial policy--Mathematical models
Trade regulation
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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