A new approach to evaluating trade policy.
The authors introduce a new measure, the Trade Restrictiveness Index, to measure the restrictiveness of a system of trade protection. They propose an alternative to the commonly used ad hoc indexes of trade restrictiveness, such as the trade-weighted average tariff. That measure has no welfare-theor...
Main Authors: | , |
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Format: | Working paper |
Language: | English |
Published: |
World Bank
1992
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