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Measuring the restrictiveness of 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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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/wber/8.2.151

Authors


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Institution:
Boston College
Role:
Author
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Economics
Research group:
Industrial Economics
Oxford college:
Merton College
Role:
Author
Publisher:
Oxford University Press Publisher's website
Journal:
World Bank Economic Review Journal website
Volume:
8
Issue:
2
Pages:
151-169
Publication date:
1994-05-01
DOI:
EISSN:
1564-698X
ISSN:
0258-6770
Language:
English
Subjects:
UUID:
uuid:8a63b277-11b9-44ef-9155-eb2cd67e5ba4
Local pid:
ora:2153
Deposit date:
2008-07-04

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