A new approach to evaluating trade reform
|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||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.||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Subject LCSH:||Commercial policy--Mathematical models
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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