A new approach to evaluating trade policy

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Title: A new approach to evaluating trade policy
Authors: Anderson, James E.Neary, J. Peter
Permanent link: http://hdl.handle.net/10197/1521
Date: 25-Nov-1991
Online since: 2009-10-16T14:21:23Z
Abstract: This paper introduces a new measure, the Trade Restrictiveness Index, which measures the restrictiveness of a system of trade protection. The index is a general equilibrium application of the distance function and answers the question: `What uniform set of trade restrictions is equivalent (in welfare terms) to the initial protective structure?' The index is applicable to both tariffs and quotas and allows international and intertemporal comparisons. The index is operational and we provide an empirical example to illustrate its applicability and to show its superiority to commonly used measures.
Item notes: The original photocopying quality of this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Funding Details: World Bank
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP91/5
Subject LCSH: Trade regulation
Commercial policy
Protectionism
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.