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GTAP Resource #2334

"Is there a dirty little secret? Non-tariff barriers and the gains from trade"
by Winchester, Niven

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.

Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: Journal of Policy Modeling
Date: 2009
Version: 31(6), 819-834
Created: Winchester, N. (4/12/2007)
Updated: Winchester, N. (4/2/2010)
Visits: 2,769
- Economic development
- The GTAP Data Base and extensions
- Asia (East)
- North America

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