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List of Figures | |
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List of Tables | |
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Preface | |
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The Problem | |
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Introduction | |
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Measuring Trade Policy Restrictiveness: A Nontechnical Introduction | |
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The Trade-Weighted Average Tariff | |
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Alternative Weights: Current or Free Trade? Imports or Production? | |
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Measures of Tariff Dispersion | |
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The Welfare-Equivalent Uniform Tariff | |
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The Import-Volume-Equivalent Uniform Tariff | |
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Conclusion | |
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The Geometry of the Trade-Weighted Average Tariff | |
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Trade Policy Reform and the Tri | |
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Tariff Reform in General Equilibrium | |
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Household and Firm Behavior | |
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The Trade Expenditure Function | |
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Shadow Prices and the Marginal Cost of Tariffs | |
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Welfare-Improving Tariff Changes: Radial Reductions and Concertina Reform | |
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Welfare and Tariffs: A Diagrammatic Illustration | |
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Conclusion | |
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Welfare-Improving Tariff Changes in a Large Open Economy | |
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The Trade Restrictiveness Index | |
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The True Cost-of-Living Index | |
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The Balance-of-Trade Function | |
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The Trade Restrictiveness Index | |
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The TRI and the Trade-Weighted Average Tariff I | |
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The TRI and the Trade-Weighted Average Tariff II | |
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The TRI and the Cost of Protection | |
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Conclusion | |
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The Mercantilist Trade Restrictiveness Index | |
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The MTRI | |
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The MTRI and the TRI | |
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The MTRI and the Trade-Weighted Average Tariff | |
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Conclusion | |
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Properties of the Import Volume Functions | |
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Trade Reform, Trade Restrictiveness, and Tariff Structure | |
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Generalized Tariff Moments | |
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Welfare and Trade Policy Reform | |
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Welfare Effects of Tariff Reforms That Reduce Dispersion | |
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Market Access and Changes in Tariff Moments | |
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Tariff Changes and Market Access | |
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Changes in the TRI and MTRI and Measures of Tariff Dispersion | |
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Relating Generalized to Observable Moments | |
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Conclusion | |
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Trade Reform with Tariffs and Quotas | |
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The Distorted Trade Expenditure Function | |
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Rent-Sharing and the Welfare Cost of Quotas | |
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Trade Reform without Restrictions on the Trade Expenditure Function | |
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Restricting the Trade Expenditure Function | |
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Quota Reform | |
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Tariff Reform in the Presence of Quotas | |
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Alternative Rent-Sharing Rules | |
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Conclusion | |
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Appendix | |
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The TRI and MTRI with Quotas | |
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The TRI with Tariffs and Quotas | |
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Equi-restrictive Quotas Following Changes in Exogenous Variables | |
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Quotas and the MTRI | |
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Conclusion | |
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Neutral Growth and the Restrictiveness of Quotas | |
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Partial Equilibrium Antecedents of the TRI and MTRI | |
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Alternative Economic Environments | |
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Trade Restrictiveness in a Large Country | |
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External Scale Economies | |
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Monopolistic Competition | |
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Conclusion | |
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Details of the Two-Country Model | |
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Multicountry Trade Policy | |
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Aggregating Trade Restrictions in Modeling | |
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Demand Estimation | |
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Simulation Models | |
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Inference of Trade Costs | |
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Openness and Growth Regressions | |
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Multilateral Resistance in the Generalized Gravity Model | |
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Applications | |
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A General Framework for Measuring Policy Restrictiveness | |
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Other Policy Distortions | |
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Import Subsidies and Export Distortions | |
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The Trade Restrictiveness of Domestic Distortions | |
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An Application: The Trade Restrictiveness of Mexican Agricultural Policy | |
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Conclusion | |
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Effects of Factor-Market Distortions | |
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Complex Trade Policies | |
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Alternative Reference Points | |
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Sector-Specific Income | |
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Effective Protection in the United States: An Application | |
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Other Sectoral Reference Points | |
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Conclusion | |
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Quantity Aggregates | |
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The Quantity Analogue of the TRI | |
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The Quantity Analogue of the MTRI | |
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Duality and Policy Distance Functions | |
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Relation to the Coefficient of Resource Utilization | |
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Application I: The Multi-Fibre Arrangement | |
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Application II: The Trade Restrictiveness of US Dairy Quotas | |
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Measuring Trade Restrictiveness in a Simple CGE Model | |
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The Model | |
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Data and Data Compromises | |
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Measures of Trade Restrictiveness | |
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Conclusion | |
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The CES-CET Model | |
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Conclusion | |
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References | |
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Index | |