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Measuring Effects of Trade Policy Distortions: How Far Have We Come?

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  • Anderson, Kym

Abstract

After a brief review of the literature to the early 1970s, this Paper assesses the contributions by economists during the past three decades to measuring the distortionary effects of trade policies. It does not pretend to be a comprehensive survey, but draws on selections from the literature that give a sense of the distance the profession has traveled from a trade policy practitioner?s viewpoint since Corden?s first paper on the subject in 1957. Phenomenal though that progress has been, there is ample room for further improvement in computing the economic (and other) effects of trade-related policies and their reform. The Paper concludes with suggestions of where the priorities should be in global modeling of trade policy reform, as the world moves into the next round of multilateral trade negotiations.

Suggested Citation

  • Anderson, Kym, 2002. "Measuring Effects of Trade Policy Distortions: How Far Have We Come?," CEPR Discussion Papers 3579, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:3579
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    Cited by:

    1. Johanes Agbahey & Khalid Siddig & Harald Grethe & Jonas Luckmann, 2022. "Trade policy in a sovereign Palestinian State: What are the options in a final settlement?," The World Economy, Wiley Blackwell, vol. 45(10), pages 3269-3293, October.
    2. Kym Anderson, 2005. "On the Virtues of Multilateral Trade Negotiations," The Economic Record, The Economic Society of Australia, vol. 81(255), pages 414-438, December.
    3. Maria Cipollina & Luca Salvatici, 2008. "Measuring Protection: Mission Impossible?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 577-616, July.
    4. Toma, Luiza & Mathijs, Erik & Revoredo-Giha, Cesar, 2006. "Linkages between Agriculture, Trade and the Environment in the Context of the European Union Accession," Working Papers 45991, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.
    5. Robert Wolfe, 2021. "Yours is bigger than mine! Could an index like the Producer Subsidy Equivalent help in understanding the comparative incidence of industrial subsidies?," The World Economy, Wiley Blackwell, vol. 44(2), pages 328-345, February.
    6. Bouët, Antoine & Dhont-Peltrault, Estelle, 2003. "An Assessment of the Distributional Impact of Agricultural Trade Policies in the Triad," Conference papers 331108, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    7. Antimiani, Alessandro & Fusacchia, Ilaria & Salvatici, Luca, 2016. "Value Added Trade Restrictiveness Indexes. Measuring Protection with Global Value Chains," Conference papers 332745, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Kym Anderson, 2012. "Costing Global Trade Barriers, 1900 to 2050," Departmental Working Papers 2012-08, The Australian National University, Arndt-Corden Department of Economics.
    9. Glebe, Thilo W., 2011. "Welfare economics of agricultural trade liberalisation and strategic environmental policy," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 8(2).
    10. Wilfrid Legg, 2003. "Presidential Address Agricultural Subsidies: Measurement and Use in Policy Evaluation," Journal of Agricultural Economics, Wiley Blackwell, vol. 54(2), pages 175-201, July.
    11. Carbone, Jared & Rutherford, Thomas F. & Helm, Carsten, 2002. "Carbon Abatement, Coalition Formation, and International Trade in Greenhouse Gas Emissions," Conference papers 331061, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Robert Wolfe, 2020. "Yours is Bigger than Mine! Could an Index like the PSE Help in Understanding the Comparative Incidence of Industrial Subsidies?," RSCAS Working Papers 2020/52, European University Institute.
    13. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2013. "Analysing policy-induced effects on the performance of irrigated rice," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 8(1), pages 1-10, July.
    14. Kym Anderson, 2016. "Contributions Of The Gatt/Wto To Global Economic Welfare: Empirical Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 30(1), pages 56-92, February.
    15. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2013. "Analysing policy-induced effects on irrigated rice performance," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 160288, African Association of Agricultural Economists (AAAE).
    16. Anderson, Kym, 2004. "Setting the Trade Policy Agenda: What Roles for Economists?," Working Papers 14574, International Agricultural Trade Research Consortium.
    17. Touré, Ali A. & Groenewald, Jan & Seck, Papa Abdoulaye & Diagne, Aliou, 2023. "Analysing policy-induced effects on the performance of irrigated rice," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 18(1), April.
    18. Jacobsen, Lars-Bo & Jensen, Jørgen D. & Andersen, Martin & Bjørner, Thomas B. & Hauch, Jens & Topping, Chris J., 2005. "Pesticide Reducing Instruments – An Interdisciplinary Analysis of effectiveness and optimality," Conference papers 331438, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Prema‐chandra Athukorala & Hal Hill & Sisira Jayasuriya, 2021. "Economist as public intellectual: Max Corden’s journey through life," The World Economy, Wiley Blackwell, vol. 44(6), pages 1472-1483, June.
    20. Bao Ho Dinh & Hai Nguyen Phuc & Trinh Bui & Hau Nguyen, 2020. "Declining Protection for Vietnamese Agriculture under Trade Liberalization: Evidence from an Input–Output Analysis," Economies, MDPI, vol. 8(2), pages 1-11, June.

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    More about this item

    Keywords

    Trade policy distortions; Effective protection; Cost of protection; Empirical modelling of effects of trade policies;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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