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Measuring the Restrictiveness of International Trade Policy.

Abstract:

This article provides an introduction to the trade restrictiveness index (TRI), which equals the uniform tariff that is welfare equivalent to a given pattern of trade protection. Unlike standard measures of trade restrictiveness, the TRI has a solid theoretical basis, can incorporate both tariffs and quantitative restrictions, and can be adapted to construct the trade policy equivalent of domestic distortions, the article compares a number of applications and describes procedures for operatio...

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Files:
Publisher copy:
10.1093/wber/8.2.151
Publisher:
Oxford University Press
Journal:
World Bank Economic Review More from this journal
Volume:
8
Issue:
2
Pages:
151 - 169
Publication date:
1994-01-01
DOI:
ISSN:
0258-6770
Language:
English
UUID:
uuid:67e89df8-ed43-42e0-8b6d-1fe6d4392fa4
Local pid:
oai:economics.ouls.ox.ac.uk:11488
Deposit date:
2011-08-16

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