The Trade Restrictiveness of the Multi-fibre Arrangement.

This study uses the trade restrictiveness index (TRI) of Anderson and Neary (1990) to evaluate U.S. policy toward seven major exporters of textiles and apparel under the Multi-Fibre Arrangement (MFA). The period covered is 1982-88. The MFA controls the shipment of most textile and apparel items to t...

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Main Authors: Anderson, J, Neary, J
Format: Journal article
Language:English
Published: 1994
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author Anderson, J
Neary, J
author_facet Anderson, J
Neary, J
author_sort Anderson, J
collection OXFORD
description This study uses the trade restrictiveness index (TRI) of Anderson and Neary (1990) to evaluate U.S. policy toward seven major exporters of textiles and apparel under the Multi-Fibre Arrangement (MFA). The period covered is 1982-88. The MFA controls the shipment of most textile and apparel items to the United States through a system of bilaterally negotiated export quotas that allow for annual growth. The arrangement itself was renegotiated in 1986, with an expansion in the number of items covered and countries included. In addition to these policy changes, changes in economic conditions during the data period altered the restrictiveness of the MFA. The TRI in principle permits all these influences to be accounted for in a consistent manner. The TRI results are contrasted with the standard trade-weighted average tariff equivalent of the quotas. The correlation of the two measures in not significantly different from zero.
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spelling oxford-uuid:193e345d-7a67-4333-9fe2-e3b0037a7d4e2022-03-26T10:47:58ZThe Trade Restrictiveness of the Multi-fibre Arrangement.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:193e345d-7a67-4333-9fe2-e3b0037a7d4eEnglishDepartment of Economics - ePrints1994Anderson, JNeary, JThis study uses the trade restrictiveness index (TRI) of Anderson and Neary (1990) to evaluate U.S. policy toward seven major exporters of textiles and apparel under the Multi-Fibre Arrangement (MFA). The period covered is 1982-88. The MFA controls the shipment of most textile and apparel items to the United States through a system of bilaterally negotiated export quotas that allow for annual growth. The arrangement itself was renegotiated in 1986, with an expansion in the number of items covered and countries included. In addition to these policy changes, changes in economic conditions during the data period altered the restrictiveness of the MFA. The TRI in principle permits all these influences to be accounted for in a consistent manner. The TRI results are contrasted with the standard trade-weighted average tariff equivalent of the quotas. The correlation of the two measures in not significantly different from zero.
spellingShingle Anderson, J
Neary, J
The Trade Restrictiveness of the Multi-fibre Arrangement.
title The Trade Restrictiveness of the Multi-fibre Arrangement.
title_full The Trade Restrictiveness of the Multi-fibre Arrangement.
title_fullStr The Trade Restrictiveness of the Multi-fibre Arrangement.
title_full_unstemmed The Trade Restrictiveness of the Multi-fibre Arrangement.
title_short The Trade Restrictiveness of the Multi-fibre Arrangement.
title_sort trade restrictiveness of the multi fibre arrangement
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