The mercantilist index of trade policy

James Anderson and J. Peter Neary

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This paper develops and characterises 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 generalised 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.

JEL-codes: L81 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1998-11
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://eprints.lse.ac.uk/20242/ Open access version. (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:ehl:lserod:20242

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().