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Lao economic policies and effective rates of protection

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  • Marks, Stephen V.
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    Abstract

    The Lao People's Democratic Republic (PDR) has embarked on the process of accession to the World Trade Organization. Part of that process involves compilation of information on the country's trade and related policies, and development of analytical frameworks that Lao and other researchers can use to understand the effects of these policies. This paper calculates effective rates of protection for tradable-good sectors included in the Lao input-output table. In the process, it surveys and models import tariffs and export taxes, non-tariff trade measures, relevant tax and investment policies, and implicit taxes and subsidies in water and electricity rates.

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    File URL: http://www.sciencedirect.com/science/article/B6W53-51JF84R-1/2/8d8ba1da02a11707c8c5c0992e610c44
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Asian Economics.

    Volume (Year): 22 (2011)
    Issue (Month): 2 (April)
    Pages: 115-127

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    Handle: RePEc:eee:asieco:v:22:y:2011:i:2:p:115-127

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    Web page: http://www.elsevier.com/locate/asieco

    Related research

    Keywords: Nominal protection Effective protection Lao PDR ASEAN Investment incentives;

    References

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    1. Prema-chandra Athukorala, 2005. "Trade Policy Reforms and the Structure of Protection in Vietnam," Departmental Working Papers 2005-06, The Australian National University, Arndt-Corden Department of Economics.
    2. W. M. Corden, 1966. "The Structure of a Tariff System and the Effective Protective Rate," Journal of Political Economy, University of Chicago Press, vol. 74, pages 221.
    3. Bela Balassa, 1965. "Tariff Protection in Industrial Countries: An Evaluation," Journal of Political Economy, University of Chicago Press, vol. 73, pages 573.
    4. Krueger, Anne O., 1984. "Trade policies in developing countries," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 11, pages 519-569 Elsevier.
    5. Jayant Menon, 2006. "Does Road Improvement Reduce Poverty?: A General Equilibrium Analysis for Lao PRD," IDB Publications 44320, Inter-American Development Bank.
    6. Humphrey, David B, 1969. "Measuring the Effective Rate of Protection: Direct and Indirect Effects," Journal of Political Economy, University of Chicago Press, vol. 77(5), pages 834-44, Sept./Oct.
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    Cited by:
    1. Sovacool, Benjamin K., 2013. "An international assessment of energy security performance," Ecological Economics, Elsevier, vol. 88(C), pages 148-158.

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