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GTAP Resource #2334 |
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"Is there a dirty little secret? Non-tariff barriers and the gains from trade" by Winchester, Niven Abstract We estimate tariff equivalents (TEs) of non-tariff barriers (NTBs) for selected countries using a series of gravity equations. Our analysis focuses on New Zealand, a nation that has energetically pursued bilateral trade agreements in recent years and has a comprehensive free trade agreement with Australia. We estimate reductions in TEs following trade negotiations as the difference between New Zealand-Australia TEs and those applying to trade between New Zealand and other nations. Simulating reductions in tariffs and NTBs in a computable general equilibrium (CGE) model indicates that gains from trade liberalisation are much larger (up to 22 times) when tariffs and NTBs are consider than when only tariffs are reduced. |
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- Economic development - The GTAP Data Base and extensions - Asia (East) - North America |
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Public Access 2007 Conference Paper (348.1 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM