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GTAP Resource #4093 |
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"Trade Restrictiveness Indices in Presence of Externalities: An Application to Non-Tariff Measures" by Beghin, John, Anne-Célia Disdier and Stephan Marette Abstract We extend the trade restrictiveness index approach to the case of market imperfections and domestic regulations addressing them. We focus on standard-like non-tariff measures (NTMs) affecting cost of production and potentially enhancing demand by increasing product quality or reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem equivalents (AVEs) for NTMs. Half of the product lines affected by NTMs exhibit negative AVEs, indicating a net trade-facilitating effect of NTMs. Accounting for these effects significantly reduces previous measures of countries’ trade policy restrictiveness obtained while constraining NTMs to be trade reducing. References : Kee, Hiau Looi, Alessandro Nicita and Marcelo Olareagga, « Estimating Trade Restrictiveness Indices, » The Economic Journal Vol. 119, January 2009, pp. 172-199 |
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- Non-Tariff barriers |
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Public Access GTAP Resource 4093 (508.2 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