Cost of Protection where do we stand?

Arvind Panagariya ()

International Trade from EconWPA

Abstract: Economists measure the cost of protection in terms of static efficiency, growth rates and firm- or industry-level productivity effects. This survey is devoted exclusively to the literature on the static efficiency. A key preliminary point to note is that estimates in this literature are not derived econometrically from pre- and post- liberalization data. Instead, they are based on simulations of partial- or general-equilibrium models that are parameterized using estimates from the literature and calibrated around a pre-liberalization base year. This paper explores alternate measures of protection and thei welfare costs.

JEL-codes: F1 F2 (search for similar items in EconPapers)
Date: 2003-08-18
Note: Type of Document - Tex/WordPerfect/Handwritten; prepared on IBM PC - PC-TEX/UNIX Sparc TeX; to print on HP/PostScript/Franciscan monk; pages: 345,395,4323247 ; figures: included/request from author/draw your own
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Related works:
Journal Article: Cost of Protection: Where Do We Stand? (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpit:0308003

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