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Lao economic policies and effective rates of protection

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  • Marks, Stephen V.

Abstract

The Lao People's Democratic Republic (PDR) has embarked on the process of accession to the World Trade Organization. Part of that process involves compilation of information on the country's trade and related policies, and development of analytical frameworks that Lao and other researchers can use to understand the effects of these policies. This paper calculates effective rates of protection for tradable-good sectors included in the Lao input-output table. In the process, it surveys and models import tariffs and export taxes, non-tariff trade measures, relevant tax and investment policies, and implicit taxes and subsidies in water and electricity rates.

Suggested Citation

  • Marks, Stephen V., 2011. "Lao economic policies and effective rates of protection," Journal of Asian Economics, Elsevier, vol. 22(2), pages 115-127, April.
    • Handle: RePEc:eee:asieco:v:22:y:2011:i:2:p:115-127
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    References listed on IDEAS

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    1. Bela Balassa, 1965. "Tariff Protection in Industrial Countries: An Evaluation," Journal of Political Economy, University of Chicago Press, vol. 73(6), pages 573-573.
    2. Krueger, Anne O., 1984. "Trade policies in developing countries," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 11, pages 519-569, Elsevier.
    3. Arvind Panagariya, 1994. "East Asia and the New Regionalism in World Trade," The World Economy, Wiley Blackwell, vol. 17(6), pages 817-839, November.
    4. W. M. Corden, 1966. "The Structure of a Tariff System and the Effective Protective Rate," Journal of Political Economy, University of Chicago Press, vol. 74(3), pages 221-221.
    5. Prema‐chandra Athukorala, 2006. "Trade Policy Reforms and the Structure of Protection in Vietnam," The World Economy, Wiley Blackwell, vol. 29(2), pages 161-187, February.
    6. Humphrey, David B, 1969. "Measuring the Effective Rate of Protection: Direct and Indirect Effects," Journal of Political Economy, University of Chicago Press, vol. 77(5), pages 834-844, Sept./Oct.
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    Cited by:

    1. Maliny Sourigna & Shuzhen Zhu & Syed Ahtsham Ali, 2018. "Challenges and Implementation of Financial Institutions Development Policy in Laos on 2016-2020," International Business Research, Canadian Center of Science and Education, vol. 11(1), pages 115-123, January.
    2. Sovacool, Benjamin K., 2013. "An international assessment of energy security performance," Ecological Economics, Elsevier, vol. 88(C), pages 148-158.

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