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A Trade Restrictiveness Index of theLevel of Protection in Australian Manufacturing

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  • Peter Lloyd
  • Donald MacLaren

Abstract

In this paper we provide a new 31 year time series of the level of protection in the Australian Manufacturing Sector. The index used is the partial equilibrium form of the Trade Restrictiveness Index recently developed by the World Bank. This is the theoretically correct welfare-based average of levels of nominal protection provided to sub-industries. The paper outlines the index and its properties. The method of calculation uses series of the mean level of protection and its dispersion, which have been published by the Productivity Commission. Some comments are made on the insights gained from the new series

Suggested Citation

  • Peter Lloyd & Donald MacLaren, 2007. "A Trade Restrictiveness Index of theLevel of Protection in Australian Manufacturing," Department of Economics - Working Papers Series 1024, The University of Melbourne.
  • Handle: RePEc:mlb:wpaper:1024
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    File URL: http://fbe.unimelb.edu.au/__data/assets/pdf_file/0011/802847/1024.pdf
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    References listed on IDEAS

    as
    1. John G. Crawford., 1935. "Tariff Level Indices," The Economic Record, The Economic Society of Australia, vol. 10(1), pages 213-221, June.
    2. Anderson, Kym, 1980. "The Political Market for Government Assistance to Australian Manufacturing Industries," The Economic Record, The Economic Society of Australia, vol. 56(153), pages 132-144, June.
    3. Peter Lloyd, 2006. "Fifty Years Of Trade Policy Reform In Australia," Economic Papers, The Economic Society of Australia, vol. 25(4), pages 301-313, December.
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    Cited by:

    1. Beghin, John C. & Disdier, Anne-Celia & Marette, Stephan, 2012. "Trade Restrictiveness Indices in Presence of Externalities: An Application to Non-Tariff Measures," Working Papers 142386, International Agricultural Trade Research Consortium.

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