An extension of the trade restrictiveness index to large economies
The Trade Restrictiveness Index (TRI) introduced by Anderson and Neary (1994) provided the first theoretically satisfying measure of a country's tariff structure by overcoming the problem of ad hoc specification of indexing weights and the related index number problem. We observe, however, that the TRI may not be unique when countries are large. As a remedy, we propose a simple extension.
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- Anderson, James E. & Neary, J. Peter, 1992.
"A new approach to evaluating trade policy,"
Policy Research Working Paper Series
1022, The World Bank.
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3450062, Harvard University Department of Economics.
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CEP Discussion Papers
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- O'Rourke, Kevin H., 1997. "Measuring protection: a cautionary tale," Journal of Development Economics, Elsevier, vol. 53(1), pages 169-183, June.
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