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The Transmission of Price Variability under Traffication

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  • Hayes, Dermot J.
  • Wahl, Thomas I.

Abstract

Recent proposals to the General Agreement on Tariffs and Trade (GATT) have called for the conversion of all nontariff trade barriers into their equivalents and the subsequent reduction of these tariff equivalents over time. The purpose of tariffication is to provide a methodology to quantify nontariff trade barriers to make them more visible and to provide a framework within which to reduce them. Many of these barriers are designed to stabilize domestic prices by breaking the link to world prices and, thus, the link with the variable of world prices.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Hayes, Dermot J. & Wahl, Thomas I., 1990. "The Transmission of Price Variability under Traffication," 1981-1999 Conference Archive 285565, NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
  • Handle: RePEc:ags:nc8191:285565
    DOI: 10.22004/ag.econ.285565
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