Cost of Protection where do we stand?
AbstractEconomists measure the cost of protection in terms of static efficiency, growth rates and firm- or industry-level productivity effects. This survey is devoted exclusively to the literature on the static efficiency. A key preliminary point to note is that estimates in this literature are not derived econometrically from pre- and post- liberalization data. Instead, they are based on simulations of partial- or general-equilibrium models that are parameterized using estimates from the literature and calibrated around a pre-liberalization base year. This paper explores alternate measures of protection and thei welfare costs.
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Bibliographic InfoPaper provided by EconWPA in its series International Trade with number 0308003.
Length: 345 pages
Date of creation: 18 Aug 2003
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- F1 - International Economics - - Trade
- F2 - International Economics - - International Factor Movements and International Business
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