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Domestic distortions and international trade.

Abstract:

Trade is affected not only by taxes and subsidies that affect producers and consumers of goods, but also, indirectly, by taxes and subsidies that affect nontraded goods or factors of production. The authors show how the Trade Restrictiveness Index (TRI) may be extended to incorporate these types of distortions. Again, the value of the TRI gives the equiproportionate change in the prices of traded goods, which would compensate for a given change in all distortions, both in traded and nontraded...

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Authors


J. Peter Neary More by this author
James E. Anderson More by this author
Volume:
1163
Series:
Policy Research Working Paper Series
Publication date:
1993
URN:
uuid:40e1beca-8feb-4b38-a5bb-69573ad104b2
Local pid:
oai:economics.ouls.ox.ac.uk:12072
Language:
English

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