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Measuring protection : a cautionary tale
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| File | Description | Size | Format | |
|---|---|---|---|---|
| wp94_23.pdf | 645.65 kB | Adobe PDF | Download |
| Title: | Measuring protection : a cautionary tale | Authors: | O'Rourke, Kevin H. | Permanent link: | http://hdl.handle.net/10197/1765 | Date: | Nov-1994 | Online since: | 2010-01-14T14:52:15Z | Abstract: | The measurement of protection has been a key stumbling block for economists seeking to establish an empirical link between trade policy and growth. This note comments on a theoretically based index of protection recently developed by Anderson and Neary. The index must be calculated within the context of a specific CGE model; Anderson and Neary have found that the index is robust to changes in the elasticities embedded within their model? The note identifies one historical instance where the index is extremely sensitive to the specification of the model's demand side. There are important methodological lessons to be learnt from this example. | 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; WP94/23 | Keywords: | Protection; Trade restrictiviness index | JEL Codes: | F13; N13 | Subject LCSH: | Commercial policy Protectionism Economic development |
Language: | en | Status of Item: | Not peer reviewed | This item is made available under a Creative Commons License: | https://creativecommons.org/licenses/by-nc-sa/1.0/ |
| Appears in Collections: | Economics Working Papers & Policy Papers |
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