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A Trade Restrictiveness Index of theLevel of Protection in Australian Manufacturing

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  • Peter Lloyd
  • Donald MacLaren

Abstract

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

Suggested Citation

  • Peter Lloyd & Donald MacLaren, 2007. "A Trade Restrictiveness Index of theLevel of Protection in Australian Manufacturing," Department of Economics - Working Papers Series 1024, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:1024
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    File URL: http://fbe.unimelb.edu.au/__data/assets/pdf_file/0011/802847/1024.pdf
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    References listed on IDEAS

    as
    1. Prema-Chandra Athukorala & Satish Chand, 2007. "Tariff-Growth Nexus in the Australian Economy, 1870-2002: Is there a Paradox?," Departmental Working Papers 2007-08, The Australian National University, Arndt-Corden Department of Economics.
    2. John G. Crawford., 1935. "Tariff Level Indices," The Economic Record, The Economic Society of Australia, vol. 10(1), pages 213-221, June.
    3. Anderson, Kym & Lattimore, Ralph G. & Lloyd, Peter J. & MacLaren, Donald, 2007. "Distortions to Agricultural Incentives in Australia and New Zealand," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10407, Australian Agricultural and Resource Economics Society.
    4. Kym Anderson, 1980. "The Political Market for Government Assistance to Australian Manufacturing Industries," The Economic Record, The Economic Society of Australia, vol. 56(153), pages 132-144, June.
    5. 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.
    6. repec:bla:ecorec:v:56:y:1980:i:153:p:132-44 is not listed on IDEAS
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    Cited by:

    1. John Christopher Beghin & Anne-Célia Disdier & Stéphan Marette, 2017. "Trade restrictiveness indices in the presence of externalities: An application to non-tariff measures," World Scientific Book Chapters, in: John Christopher Beghin (ed.), Nontariff Measures and International Trade, chapter 5, pages 81-104, World Scientific Publishing Co. Pte. Ltd..

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