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An Estimated Trade Restrictiveness Index of the Level of Protection in Australian Manufacturing

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  • Peter Lloyd
  • Donald MacLaren

Abstract

"In this paper we provide a new 31-year time series of the level of protection in the Australian manufacturing sector. The index used is an estimate of the partial equilibrium form of the Trade Restrictiveness Index recently developed by the World Bank. This is the theoretically correct welfare based average of levels of nominal protection. The paper outlines the index and its properties. Some comments are made on the insights gained from the new series and on the record of the Labor and coalition governments in making reforms to industry assistance." Copyright (c)2008 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.

Suggested Citation

  • Peter Lloyd & Donald MacLaren, 2008. "An Estimated Trade Restrictiveness Index of the Level of Protection in Australian Manufacturing," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 41(3), pages 250-259, September.
  • Handle: RePEc:bla:ausecr:v:41:y:2008:i:3:p:250-259
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    Cited by:

    1. Beghin, John C. & Disdier, Anne-Celia & Marette, Stephan, 2012. "Trade Restrictiveness Indices in Presence of Externalities: An Application to Non-Tariff Measures," 2012: New Rules of Trade?, December 2012, San Diego, California 142775, International Agricultural Trade Research Consortium.
    2. Beghin, John C. & Disdier, Anne-Celia & Marette, Stephan, 2012. "Trade Restrictiveness Indices in Presence of Externalities: An Application to Non-Tariff Measures," Working Papers 142386, International Agricultural Trade Research Consortium.
    3. Peter Lloyd & Donald MacLaren, 2010. "Partial- and General-Equilibrium Measures of Trade Restrictiveness," Review of International Economics, Wiley Blackwell, vol. 18(5), pages 1044-1057, November.

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