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Alternative Approaches in Estimating the Economic Effects of Non-Tariff Measures: Results from Newly Quantified Measures

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  • Andriamananjara, Soamiely
  • Ferrantino, Michael J.
  • Tsigas, Marinos E.
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    Abstract

    This paper introduces a set of new estimates of NTM price gaps in a standard simulation model and studies the economic effects of their removal. The economic impact of removing the NTMs on footwear, wearing apparel, and processed foods are estimated and discussed using three different techniques (tariff equivalent, export tax equivalent and sand-in-the-wheels). For all of the considered sectors, NTM liberalization leads to a large increase in world trade, and an improved global welfare. Most of the gains from the elimination of NTMs accrue to the liberalizing regions.

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    File URL: http://purl.umn.edu/15872
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    Bibliographic Info

    Paper provided by United States International Trade Commission, Office of Economics in its series Working Papers with number 15872.

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    Date of creation: 2003
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    Handle: RePEc:ags:uitcoe:15872

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    Keywords: International Relations/Trade;

    References

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    1. Hertel, Thomas W. & Terrie Walmsley & Ken Itakura, 2001. "Dynamic Effects of the "New Age" Free Trade Agreement between Japan and Singapore," GTAP Working Papers 823, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    2. Dean, Judith M. & Feinberg, Robert & Ferrantino, Michael J. & Ludema, Rodney, 2003. "Estimating the Tariff-Equivalent of NTMs," Working Papers 15858, United States International Trade Commission, Office of Economics.
    3. Baldwin, Robert E., 1984. "Trade policies in developed countries," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 12, pages 571-619 Elsevier.
    4. Alan V. Deardorff & Robert M. Stern, 1997. "Measurement of Non-Tariff Barriers," OECD Economics Department Working Papers 179, OECD Publishing.
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    Cited by:
    1. Fugazza, Marco & Maur, Jean-Christophe, 2008. "Non-tariff barriers in CGE models: How useful for policy?," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 475-490.
    2. Salvatici, Luca & Cipollina, Maria, 2006. "Measuring Protection: Mission Impossible?," Working Papers 18876, TRADEAG - Agricultural Trade Agreements.
    3. Gloria O. Pasadilla, 2007. "Market Access Limitations of the Philippines in the EU Market," Development Economics Working Papers 22679, East Asian Bureau of Economic Research.
    4. Engelbert, Tanja & Brockmeier, Martina, 2012. "Analyse Des Freihandelsabkommens Zwischen Der Eu Und Indien Unter Berücksichtigung Von Nicht-Tarifären Handelshemmnissen Im Agrar – Und Ernährungsbereich," 52nd Annual Conference, Stuttgart, Germany, September 26-28, 2012 133034, German Association of Agricultural Economists (GEWISOLA).
    5. Pasadilla, Gloria O. & Liao, Christine Marie, 1. "Non-Tariff Measures Faced by Philippine Agricultural Exports in East Asia," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 3(1).

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