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A Trade Restrictiveness Index of theLevel of Protection in Australian Manufacturing

  • Peter Lloyd
  • Donald MacLaren

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

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Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 1024.

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Length: 24 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:mlb:wpaper:1024
Contact details of provider: Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
Phone: +61 3 8344 5355
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
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  1. John G. Crawford., 1935. "Tariff Level Indices," The Economic Record, The Economic Society of Australia, vol. 10(1), pages 213-221, 06.
  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 132-44, 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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