Measuring trade strategy in the presence of non-tradeables: Theory and some evidence for the Caribbean
This article models trade policies in the presence of non-tradeables, and investigates trade strategy interventions and outcomes where the price of non-tradeables endogenously adjusts to trade interventions. Trade regime bias and neutrality issues are examined within a three-sector, open economy model. The theoretical framework is operationalised using empirical evidence for Trinidad and Barbados. The robustness of partial equilibrium measures of protection for classifying trade strategies is challenged and evidence on alternative general equilibrium or 'true' measures of protection is reported. 'True' or revealed trade strategies are shown to differ from those apparently intended by policy-makers.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 33 (1997)
Issue (Month): 5 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/FJDS20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/FJDS20|
When requesting a correction, please mention this item's handle: RePEc:taf:jdevst:v:33:y:1997:i:5:p:658-674. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If references are entirely missing, you can add them using this form.