EconPapers    
Economics at your fingertips  
 

Are nontariff measures and tariffs substitutes? Some panel data evidence

Zhaohui Niu, Chris Milner, Saileshsingh Gunessee and Chang Liu

Review of International Economics, 2020, vol. 28, issue 2, 408-428

Abstract: Using new estimates of ad valorem equivalent of nontariff measures (NTMs) over time, this paper examines NTMs and tariffs’ relationship for a sample of 70 economies for 4,949 products at the 6‐digit harmonized system level over the period 2003–2015. A panel data methodology models the lagged adjustment of NTMs to tariffs, consistent with a causal relationship. Trade policy substitution is found when the models are estimated in both levels and changes; with this holding for both OECD and non‐OECD countries, but not for the agriculture sector in OECD countries. Overall, there is a fairly complete substitution between policy instruments in absolute terms.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/roie.12457

Related works:
Working Paper: Are non-tariff measures and tariffs substitutes? Some panel data evidence (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:28:y:2020:i:2:p:408-428

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0965-7576

Access Statistics for this article

Review of International Economics is currently edited by E. Kwan Choi

More articles in Review of International Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2023-07-09
Handle: RePEc:bla:reviec:v:28:y:2020:i:2:p:408-428