Economics at your fingertips  

Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008

Hiau Looi Kee (), Ileana Neagu Constantinescu and Alessandro Nicita

The Review of Economics and Statistics, 2013, vol. 95, issue 1, 342-346

Abstract: This paper quantifies trade policy changes and the associated trade impacts for about 100 countries between 2008 and 2009. Results show that there has been no widespread increase in protectionism. Only a few countries, including Russia, Argentina, Turkey, and China, have increased tariffs on major imported products. The United States and the EU, by contrast, rely mainly on antidumping duties to shield domestic industries. Overall, while the rise in tariffs and antidumping duties may have jointly caused global trade to drop by US$43 billion, it explains less than 2% of the collapse in world trade during the crisis period. © 2013 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Keywords: trade restrictiveness index; crisis; antidumping duties; protectionism (search for similar items in EconPapers)
JEL-codes: F01 F13 G01 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (53) Track citations by RSS feed

Downloads: (external link) link to full text PDF (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Is protectionism on the rise ? assessing national trade policies during the crisis of 2008 (2010) 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:

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Amitabh Chandra, Olivier Coibion, Bryan S. Graham, Shachar Kariv, Amit K. Khandelwal, Asim Ijaz Khwaja, Brigitte C. Madrian and Rohini Pande

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by Ann Olson ().

Page updated 2021-10-06
Handle: RePEc:tpr:restat:v:95:y:2013:i:1:p:342-346