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Consistent Trade Policy Aggregation

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Author Info
James E. Anderson () (Boston College)

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Abstract

Much empirical work requires the aggregation of policies. This paper provides methods of policy aggregation that are consistent with two common objectives of empirical work. One is to preserve real income. The other is to preserve the real volume of activity in one or more parts of the economy. Trade policy aggregation is an acute example of the aggregation problem with thousands of highly dispersed trade barriers to be aggregated. An application to India shows that the standard atheoretic method of aggregation is seriously misleading compared to the consistent method.

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Publisher Info
Paper provided by Boston College Department of Economics in its series Boston College Working Papers in Economics with number 702.

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Date of creation: 01 May 2008
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Publication status: forthcoming, International Economic Review
Handle: RePEc:boc:bocoec:702

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Related research
Keywords: trade barriers; policy aggregation;

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This paper has been announced in the following NEP Reports: References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Lawrence H. Goulder & Roberton C. Williams III, 2003. "The Substantial Bias from Ignoring General Equilibrium Effects in Estimating Excess Burden, and a Practical Solution," Journal of Political Economy, University of Chicago Press, vol. 111(4), pages 898-927, August. [Downloadable!] (restricted)
  2. James E. Anderson & J. Peter Neary, 2005. "Measuring the Restrictiveness of International Trade Policy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012200.
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  1. Martin, Will & Anderson, Kym, 2006. "The Doha Agenda and Agricultural Trade Reform: The Role of Economic Analysis," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25628, International Association of Agricultural Economists. [Downloadable!]
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  2. Sebastian Hess & Stephan von Cramon-Taubadel, 2007. "Assessing General and Partial Equilibrium Simulations of Doha Round Outcomes using Meta-Analysis," cege – Center for European, Governance and Economic Development Research Discussion Papers 67, cege – Center for European, Governance and Economic Development Research, University of Goettingen (Germany).. [Downloadable!]
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This page was last updated on 2009-11-24.


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