Commercial Policy Variability, Bindings, and Market Access
Abstract
Protection unconstrained by rules often varies substantially over time. Rules-based disciplines, such as WTO tariff bindings and bindings on market access in services, constrain this variability. We examine the theoretical effects of such constraints on the expected cost of protection and offer a formalization of the concept of “market access,” emphasizing both the first and second moments of the distribution of protection. As an illustration, we provide a stylized examination of Uruguay Round bindings on wheat.Download Info
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Paper provided by EconWPA in its series International Trade with number 0210002.Length:
Date of creation: 02 Oct 2002
Date of revision:
Handle: RePEc:wpa:wuwpit:0210002
Note: Type of Document - Adobe pdf file; prepared on WindowsXP; figures: 2. Also a recent CEPR discussion paper, forthcoming EER in 2002/2003.
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Web page: http://128.118.178.162
Related research
Keywords: expected costs of protection; commercial policy uncertainty; market access WTO; tariff bindings.;Other versions of this item:
- Francois, Joseph F. & Martin, Will, 2004. "Commercial policy variability, bindings, and market access," European Economic Review, Elsevier, vol. 48(3), pages 665-679, June.
- Francois, Joseph & Martin, Will, 2002. "Commercial Policy Variability, Bindings and Market Access," CEPR Discussion Papers 3294, C.E.P.R. Discussion Papers.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- F10 - International Economics - - Trade - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-10-08 (All new papers)
References
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