The Mercantilist Index of Trade Policy

James Anderson and J. Peter Neary

No 2044, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper develops and characterizes an index of trade policy restrictiveness defined as the uniform tariff equivalent which maintains the same volume of trade as a given set of tariffs, quotas, and domestic taxes and subsidies. We relate this volume-equivalent index to the Trade Restrictiveness Index, a welfare-equivalent measure, and relate changes in both indexes to changes in the generalized mean and variance of the tariff schedule. Applications to international cross-section and time-series comparisons of trade policy show that the new index frequently gives a very different picture than do standard indexes.

Keywords: International trade policy; Quotas; Tariffs; trade liberalisation; Trade Restrictiveness Index (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 1998-12
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=2044 (application/pdf)

Related works:
Journal Article: The Mercantilist Index of Trade Policy (2003)
Working Paper: The mercantilist index of trade policy (2001)
Working Paper: The Mercantilist Index of Trade Policy (1999)
Working Paper: The Mercantilist Index of Trade Policy (1998)
Working Paper: The Mercantilist Index of Trade Policy (1998)
Working Paper: The mercantilist index of trade policy (1998)
Working Paper: The Mercantilist Index of Trade Policy (1998)
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:cpr:ceprdp:2044

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... ers/dp.php?dpno=2044

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().