Measuring protection : a cautionary tale

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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: ProtectionTrade 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Status of Item: Not peer reviewed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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