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Trade restriction indices and US trade policy

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  • William R. Hauk

Abstract

The proper way to measure differences in trade protection across countries and economic sectors has been a vexing problem for economists studying international trade. Based on research by Anderson and Neary (2005) and Kee et al . (KNO) (2009), this article proposes the use of Trade Restriction Indices (TRIs) when studying US trade policy. TRIs can potentially solve several problems related to measuring the restrictiveness of trade policy. To this end, this article creates a data set of TRIs for US imports by sector at several different levels of aggregation using the Harmonized Tariff Schedule (HS), the North American Industry Classification System (NAICS) and the Standard International Trade Classification industry coding systems.

Suggested Citation

  • William R. Hauk, 2012. "Trade restriction indices and US trade policy," Applied Economics Letters, Taylor & Francis Journals, vol. 19(8), pages 795-799, May.
    • Handle: RePEc:taf:apeclt:v:19:y:2012:i:8:p:795-799
    DOI: 10.1080/13504851.2011.605347
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    References listed on IDEAS

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    1. Hiau Looi Kee & Alessandro Nicita & Marcelo Olarreaga, 2008. "Import Demand Elasticities and Trade Distortions," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 666-682, November.
    2. Giovanni Maggi & Pinelopi Koujianou Goldberg, 1999. "Protection for Sale: An Empirical Investigation," American Economic Review, American Economic Association, vol. 89(5), pages 1135-1155, December.
    3. Jeffrey D. Sachs & Andrew Warner, 1995. "Economic Reform and the Process of Global Integration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
    4. Kishore Gawande & Usree Bandyopadhyay, 2000. "Is Protection for Sale? Evidence on the Grossman-Helpman Theory of Endogenous Protection," The Review of Economics and Statistics, MIT Press, vol. 82(1), pages 139-152, February.
    5. James E. Anderson & J. Peter Neary, 2005. "Measuring the Restrictiveness of International Trade Policy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012200, April.
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