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Measuring Effects of Trade Policy Distortions: How far have we come?

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  • Kym Anderson

    (School of Economics, University of Adelaide, Australia)

Abstract

After a brief review of the literature to the early 1970s, this paper assesses the contributions during the past three decades to measuring the distortionary effects of trade policies. It does not pretend to be comprehensive, but draws on selections from the literature that give a sense of the distance the profession has travelled from a trade policy practitionerÂ’s viewpoint since CordenÂ’s first paper on the subject in 1957. Phenomenal though that progress has been, there is ample room for further improvement in computing the economic (and other) effects of trade-related policies and their reform. The paper concludes with suggestions of where the priorities should be in global modelling of trade policy reform, as the world moves into the next round of multilateral trade negotiations.

Suggested Citation

  • Kym Anderson, 2002. "Measuring Effects of Trade Policy Distortions: How far have we come?," Centre for International Economic Studies Working Papers 2002-09, University of Adelaide, Centre for International Economic Studies.
  • Handle: RePEc:adl:cieswp:2002-09
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    References listed on IDEAS

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    Cited by:

    1. Glebe, Thilo W., 2011. "Welfare economics of agricultural trade liberalisation and strategic environmental policy," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 8(2).
    2. Jacobsen, Lars-Bo & Jensen, Jørgen D. & Andersen, Martin & Bjørner, Thomas B. & Hauch, Jens & Topping, Chris J., 2005. "Pesticide Reducing Instruments – An Interdisciplinary Analysis of effectiveness and optimality," Conference papers 331438, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Toma, Luiza & Mathijs, Erik & Revoredo-Giha, Cesar, 2006. "Linkages between Agriculture, Trade and the Environment in the Context of the European Union Accession," Working Papers 45991, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.
    4. Antimiani, Alessandro & Fusacchia, Ilaria & Salvatici, Luca, 2016. "Value Added Trade Restrictiveness Indexes. Measuring Protection with Global Value Chains," Conference papers 332745, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Kym Anderson, 2005. "On the Virtues of Multilateral Trade Negotiations," The Economic Record, The Economic Society of Australia, vol. 81(255), pages 414-438, December.
    6. Johanes Agbahey & Khalid Siddig & Harald Grethe & Jonas Luckmann, 2022. "Trade policy in a sovereign Palestinian State: What are the options in a final settlement?," The World Economy, Wiley Blackwell, vol. 45(10), pages 3269-3293, October.
    7. Wilfrid Legg, 2003. "Presidential Address Agricultural Subsidies: Measurement and Use in Policy Evaluation," Journal of Agricultural Economics, Wiley Blackwell, vol. 54(2), pages 175-201, July.
    8. Prema‐chandra Athukorala & Hal Hill & Sisira Jayasuriya, 2021. "Economist as public intellectual: Max Corden’s journey through life," The World Economy, Wiley Blackwell, vol. 44(6), pages 1472-1483, June.
    9. Kym Anderson, 2016. "Contributions Of The Gatt/Wto To Global Economic Welfare: Empirical Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 30(1), pages 56-92, February.
    10. Robert Wolfe, 2021. "Yours is bigger than mine! Could an index like the Producer Subsidy Equivalent help in understanding the comparative incidence of industrial subsidies?," The World Economy, Wiley Blackwell, vol. 44(2), pages 328-345, February.
    11. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2013. "Analysing policy-induced effects on irrigated rice performance," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 160288, African Association of Agricultural Economists (AAAE).
    12. Carbone, Jared & Rutherford, Thomas F. & Helm, Carsten, 2002. "Carbon Abatement, Coalition Formation, and International Trade in Greenhouse Gas Emissions," Conference papers 331061, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Anderson, Kym, 2004. "Setting the Trade Policy Agenda: What Roles for Economists?," Working Papers 14574, International Agricultural Trade Research Consortium.
    14. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2023. "Analysing policy-induced effects on the performance of irrigated rice," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 18(1), April.
    15. Maria Cipollina & Luca Salvatici, 2008. "Measuring Protection: Mission Impossible?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 577-616, July.
    16. Robert Wolfe, 2020. "Yours is Bigger than Mine! Could an Index like the PSE Help in Understanding the Comparative Incidence of Industrial Subsidies?," RSCAS Working Papers 2020/52, European University Institute.
    17. Bouët, Antoine & Dhont-Peltrault, Estelle, 2003. "An Assessment of the Distributional Impact of Agricultural Trade Policies in the Triad," Conference papers 331108, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    18. Kym Anderson, 2012. "Costing Global Trade Barriers, 1900 to 2050," Departmental Working Papers 2012-08, The Australian National University, Arndt-Corden Department of Economics.
    19. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2013. "Analysing policy-induced effects on the performance of irrigated rice," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 8(1), pages 1-10, July.
    20. Bao Ho Dinh & Hai Nguyen Phuc & Trinh Bui & Hau Nguyen, 2020. "Declining Protection for Vietnamese Agriculture under Trade Liberalization: Evidence from an Input–Output Analysis," Economies, MDPI, vol. 8(2), pages 1-11, June.

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    More about this item

    Keywords

    Trade policy distortions; Effective protection; Cost of protection; Empirical modelling of effects of trade policies;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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