An Extension of the Trade Restrictiveness Index to Large Economies
The Trade Restrictiveness Index (TRI) introduced by Anderson and Neary (1994 ) provided the first theoretically satisfying measure of a country's tariff structure by overcoming the problem of ad hoc specification of indexing weights and the related index number problem. We observe, however, that the TRI may not exist or may not be unique when countries are large. As a remedy, we propose a simple extension. Copyright © 2006 The Authors; Journal compilation © 2006 Blackwell Publishing Ltd.
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Volume (Year): 14 (2006)
Issue (Month): 4 (09)
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References listed on IDEAS
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- James E. Anderson & J. Peter Neary, 1996.
"A New Approach to Evaluating Trade Policy,"
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- Gene M. Grossman & Elhanan Helpman, 1993. "Trade Wars and Trade Talks," NBER Working Papers 4280, National Bureau of Economic Research, Inc.
- Grossman, G.M. & Helpman, E., 1993. "Trade Wars and Trade Talks," Papers 1-93, Tel Aviv.
- Anderson, James E & Neary, J Peter, 1994. "Measuring the Restrictiveness of Trade Policy," World Bank Economic Review, World Bank Group, vol. 8(2), pages 151-169, May.
- James E. Anderson & J. Peter Neary, 1993. "Measuring the restrictiveness of trade policy," Working Papers 199307, School of Economics, University College Dublin.
- J Anderson & J.P. Neary, 1994. "Measuring the Restrictiveness of Trade Policy," CEP Discussion Papers dp0186, Centre for Economic Performance, LSE.
- O'Rourke, Kevin H., 1997. "Measuring protection: a cautionary tale," Journal of Development Economics, Elsevier, vol. 53(1), pages 169-183, June.
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