Measuring The Restrictiveness Of International Trade Policy
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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.
A New Approach To Evaluating Trade Policy
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Author : James E. Anderson
language : en
Publisher:
Release Date : 1992
A New Approach To Evaluating Trade Policy written by James E. Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Commercial policy categories.
Introducing something new: The Trade Restrictiveness Index measures the restrictiveness of a system of trade protection. This measure is both simple and consistent with economic theory.
Review Of The Imf S Trade Restrictiveness Index
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Author : International Monetary Fund. Policy Development and Review Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2005-02-14
Review Of The Imf S Trade Restrictiveness Index written by International Monetary Fund. Policy Development and Review Dept. 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 2005-02-14 with Business & Economics categories.
This paper examines the construction of the index and its use over the past seven years, identifies its limitations, examines several alternative measures of trade policy, and highlights some options for improving the Fund’s use of trade policy indicators.
A New Approach To Evaluating Trade Policy
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Author :
language : en
Publisher: World Bank Publications
Release Date :
A New Approach To Evaluating Trade Policy written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
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.
Estimating Trade Restrictiveness Indices
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Author : Hiau Looi Kee
language : en
Publisher: World Bank Publications
Release Date : 2006
Estimating Trade Restrictiveness Indices written by Hiau Looi Kee and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and nontariff barriers for 91 developing and industrial countries. For each country, the authors estimate three trade restrictiveness indices. The first one summarizes the degree of trade distortions that each country imposes on itself through its own trade policies. The second one focuses on the trade distortions imposed by each country on its import bundle. The last index focuses on market access and summarizes the trade distortions imposed by the rest of the world on each country's export bundle. All indices are estimated for the broad aggregates of manufacturing and agriculture products. Results suggest that poor countries (and those with the highest poverty headcount) tend to be more restrictive, but they also face the highest trade barriers on their export bundle. This is partly explained by the fact that agriculture protection is generally larger than manufacturing protection. Nontariff barriers contribute more than 70 percent on average to world protection, underlying their importance for any study on trade protection.
The Mercantilist Index Of Trade Policy
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Author : James E. Anderson
language : en
Publisher:
Release Date : 1998
The Mercantilist Index Of Trade Policy written by James E. Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Commercial policy categories.
This paper develops and characterizes an index of trade policy restrictiveness defined as the uniform tariff equivalent which maintains the same volume of trade as a given set of tariffs, quota, and domestic taxes and subsidies. We relate this volume-equivalent index to the Trade Restrictiveness Index welfare-equivalent measure changes in the generalised mean and variance of the tariff schedule. Applications to international cross-section and time-series comparisons of trade policy show that the new index frequently gives a very different picture than do standard indexes.
Estimating Trade Restrictiveness Indices
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Author : Hiau Looi Kee
language : en
Publisher: World Bank Publications
Release Date : 2006
Estimating Trade Restrictiveness Indices written by Hiau Looi Kee and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Protectionism categories.
The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and nontariff barriers for 91 developing and industrial countries. For each country, the authors estimate three trade restrictiveness indices. The first one summarizes the degree of trade distortions that each country imposes on itself through its own trade policies. The second one focuses on the trade distortions imposed by each country on its import bundle. The last index focuses on market access and summarizes the trade distortions imposed by the rest of the world on each country's export bundle. All indices are estimated for the broad aggregates of manufacturing and agriculture products. Results suggest that poor countries (and those with the highest poverty headcount) tend to be more restrictive, but they also face the highest trade barriers on their export bundle. This is partly explained by the fact that agriculture protection is generally larger than manufacturing protection. Nontariff barriers contribute more than 70 percent on average to world protection, underlying their importance for any study on trade protection.
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
Empirical Studies Of Commercial Policy
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Author : Robert E. Baldwin
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
Empirical Studies Of Commercial Policy written by Robert E. Baldwin and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.
The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift from a traditional reliance on simulation models, these papers take their inspiration from recent changes in the assumptions traditionally underlying research in international trade theory. No longer are government policies viewed as being somehow "given" to the researcher; in part 1, "Analyses with a Political Economy Perspective," four papers treat such policies as endogenous and explicable in terms of political economy. Neither are product and factor markets seen as perfectly competitive; instead, the three papers in part 2, "Trade Policy Effects under Imperfectly Competitive Market Conditions," assume that firms consider the actions of other companies when formulating their decisions. In part 3, "A New Measure of Trade Restrictiveness and Estimates of Trade Policy Effects with CGE Models," the first essay explores the quantitative restrictions on cheese to develop and implement a new model of restrictive trade. Two final contributions address problems for which simulation modeling is especially useful. The first considers the effectiveness of an import surcharge in reducing the U.S. trade deficit and the second treats the welfare effects of liberalization in South Korea where increasing returns to scale are significant These innovative studies focus on economic behavior that will provide valuable insights for policymakers, academic economists, and students.