Measuring Effects of Trade Policy Distortions: How Far Have We Come?
AbstractAfter a brief review of the literature to the early 1970s, this Paper assesses the contributions by economists during the past three decades to measuring the distortionary effects of trade policies. It does not pretend to be a comprehensive survey, but draws on selections from the literature that give a sense of the distance the profession has traveled from a trade policy practitioner’s viewpoint since Corden’s first paper on the subject in 1957. Phenomenal though that progress has been, there is ample room for further improvement in computing the economic (and other) effects of trade-related policies and their reform. The Paper concludes with suggestions of where the priorities should be in global modeling of trade policy reform, as the world moves into the next round of multilateral trade negotiations.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3579.
Date of creation: Oct 2002
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Other versions of this item:
- Kym Anderson, 2003. "Measuring Effects of Trade Policy Distortions: How Far Have We Come?," The World Economy, Wiley Blackwell, vol. 26(4), pages 413-440, 04.
- Kym Anderson, 2002. "Measuring Effects of Trade Policy Distortions: How far have we come?," Centre for International Economic Studies Working Papers 2002-09, University of Adelaide, Centre for International Economic Studies.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-02-18 (All new papers)
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