A Measurement Of Aggregate Trade Restrictions And Their Economic Effects


A Measurement Of Aggregate Trade Restrictions And Their Economic Effects
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A Measurement Of Aggregate Trade Restrictions And Their Economic Effects


A Measurement Of Aggregate Trade Restrictions And Their Economic Effects
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Author : Julia Estefania-Flores
language : en
Publisher: International Monetary Fund
Release Date : 2022-01-07

A Measurement Of Aggregate Trade Restrictions And Their Economic Effects written by Julia Estefania-Flores and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-07 with Business & Economics categories.


We develop a new Measure of Aggregate Trade Restrictions (MATR) using data from the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the international flow of goods and services. MATR is simple, ad hoc, plausible, quantitative, easily updated, based solely on policy-relevant measures of trade policy, and covers an unbalanced sample of up to 157 countries annually between 1949 and 2019. MATR is strongly correlated with, but more comprehensive than, existing measures of openness and trade policy existing measures. We use MATR to show that trade restrictions are harmful for the economy and lead to significant contractions in output.



Measuring The Restrictiveness Of International Trade Policy


Measuring The Restrictiveness Of International Trade Policy
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Author : James E. Anderson
language : en
Publisher: MIT Press
Release Date : 2005

Measuring The Restrictiveness Of International Trade Policy written by James E. Anderson and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


Extending the standard theory of index numbers that apply to prices, output or productivity, Anderson and Neary develop index numbers that apply directly to policy variables. Their theoretical work builds on, and extends, the standard theory of policy reform in open economics.



Methodology For Impact Assessment Of Free Trade Agreements


Methodology For Impact Assessment Of Free Trade Agreements
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Author : Michael G. Plummer
language : en
Publisher: Asian Development Bank
Release Date : 2011-02-01

Methodology For Impact Assessment Of Free Trade Agreements written by Michael G. Plummer and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-01 with Political Science categories.


This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.



International Classification Of Non Tariff Measures 2019


International Classification Of Non Tariff Measures 2019
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Author : United Nations
language : en
Publisher: United Nations
Release Date : 2019-10-14

International Classification Of Non Tariff Measures 2019 written by United Nations and has been published by United Nations this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-14 with Political Science categories.


Non-tariff measures are generally defined as policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods, changing quantities traded, or prices or both. Since this definition is broad, a detailed classification is of critical importance so as to better identify and distinguish among the various forms of non-tariff measures. The classification of non-tariff measures presented here is a taxonomy of all those measures considered relevant in international trade today. It builds on an old UNCTAD classification known as the Coding System of Trade Control Measures and was developed by several international organizations forming what is called the MAST group (Multi-Agency Support Team) set up to support the Group of Eminent Persons on Non-tariff Barriers established by the Secretary General of UNCTAD in 2006. The MAST team discussed and proposed this classification, and is composed of: FAO, IMF, ITC, OECD, UNCTAD, UNIDO, World Bank and WTO. The classification is seen as evolving and should adapt to the reality of international trade and data collection needs.



Macroeconomic Consequences Of Tariffs


Macroeconomic Consequences Of Tariffs
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Author : Davide Furceri
language : en
Publisher: International Monetary Fund
Release Date : 2019-01-15

Macroeconomic Consequences Of Tariffs written by Davide Furceri and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-15 with Business & Economics categories.


We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result in more unemployment, higher inequality, and real exchange rate appreciation, but only small effects on the trade balance. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies, and when tariffs go up, not down. Our results are robust to a large number of perturbations to our methodology, and we complement our analysis with industry-level data.



Changing Patterns Of Global Trade


Changing Patterns Of Global Trade
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Author : Nagwa Riad
language : en
Publisher: International Monetary Fund
Release Date : 2012-01-15

Changing Patterns Of Global Trade written by Nagwa Riad and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-15 with Business & Economics categories.


Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.



A Practical Guide To Trade Policy Analysis


A Practical Guide To Trade Policy Analysis
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Author : Marc Bacchetta
language : en
Publisher:
Release Date : 2012

A Practical Guide To Trade Policy Analysis written by Marc Bacchetta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Political Science categories.


Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development



Economic Effects Of A Korea U S Free Trade Agreement


Economic Effects Of A Korea U S Free Trade Agreement
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Author : Kōzō Kiyota
language : en
Publisher:
Release Date : 2007

Economic Effects Of A Korea U S Free Trade Agreement written by Kōzō Kiyota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Free trade categories.




Trade And Development Report 2018


Trade And Development Report 2018
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Author : UNCTAD
language : en
Publisher: United Nations
Release Date : 2019-01-16

Trade And Development Report 2018 written by UNCTAD and has been published by United Nations this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-16 with Political Science categories.


This flagship publication examines different aspects of the nature and role of international trade in the era of hyperglobalization and considers related policy challenges that will need to be addressed if trade is to contribute to a more stable and inclusive global economic order. Research provides authoritative data and analysis on trade, investment, finance and technology. UNCTAD offers solutions to the major challenges facing developing countries, particularly the poorest and most vulnerable nations. Beyond tailored analysis and policy recommendations, UNCTAD research also generates global standards that govern responsible sovereign lending and borrowing, investment, entrepreneurship, competition and consumer protection and trade rules.



A Handbook Of International Trade In Services


A Handbook Of International Trade In Services
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Author : Aaditya Mattoo
language : en
Publisher: Oxford University Press
Release Date : 2008

A Handbook Of International Trade In Services written by Aaditya Mattoo and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.


This title provides a comprehensive introduction to the key issues in trade and liberalization of services. Providing a useful overview of the players involved, the barriers to trade, and case studies in a number of service industries, this is ideal for policymakers and students interested in trade.