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The empirical landscape of trade policy

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  • Bown,Chad P.
  • Crowley,Meredith A
  • Bown,Chad P.
  • Crowley,Meredith A

Abstract

This paper surveys empirically the broad features of trade policy in goods for 31 major economies that collectively represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five questions: Do some countries have more liberal trading regimes than others? Within countries, which industries receive the most import protection? How do trade policies change over time? Do countries discriminate among their trading partners when setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross-sectional heterogeneity in applied commercial policy across countries, their economic sectors, and their trading partners, over time. It concludes that substantial trade policy barriers remain as an important feature of the world economy.

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  • Bown,Chad P. & Crowley,Meredith A & Bown,Chad P. & Crowley,Meredith A, 2016. "The empirical landscape of trade policy," Policy Research Working Paper Series 7620, The World Bank.
  • Handle: RePEc:wbk:wbrwps:7620
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    Cited by:

    1. Alan de Bromhead & Alan Fernihough & Markus Lampe & Kevin Hjortshøj O'Rourke, 2017. "When Britain turned inward: Protection and the shift towards Empire in Interwar Britain," NBER Working Papers 23164, National Bureau of Economic Research, Inc.
    2. Chrysostomos Tabakis & Maurizio Zanardi, 2018. "Preferential Trade Agreements and Antidumping Protection," Working Papers 220851297, Lancaster University Management School, Economics Department.
    3. repec:eee:inecon:v:108:y:2017:i:c:p:260-273 is not listed on IDEAS
    4. Benjamin Jung, 2016. "Trade creating oder Trade diverting - Ökonomische Perspektiven auf den Abbau technischer Handelshemmnisse in multilateralem oder regionalem Rahmen," IAW Discussion Papers 127, Institut für Angewandte Wirtschaftsforschung (IAW).

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    Keywords

    International Trade and Trade Rules; Rules of Origin; Trade Policy; Trade and Multilateral Issues; Food Security; World Trade Organization;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F3 - International Economics - - International Finance
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • N4 - Economic History - - Government, War, Law, International Relations, and Regulation

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