Measuring the Restrictiveness of International Trade Policy
Language: English
Published by MIT Press, 2005
- First Edition
- Hardcover
- Used
Seller: killarneybooks, Inagh, Clare, Irelandkillarneybooks
AbeBooks seller since April 20, 2017
Condition: Used - Very good
£ 48.13
Quantity: 1 available
Add to basketItem description from seller
Cloth hardcover, xvii + 320 pages, NOT ex-library. Gentle handling wear, some very minor sparse residue of erased pencil marks. Book is clean and bright, untanned, with unmarked text, free of inscriptions and stamps, firmly bound. Good, little-worn dust jacket shows with a couple of edge-nicks and impression marks/indentations. -- This book provides a rigorous theoretical foundation and a practical framework for quantifying the overall restrictiveness of a country's trade policy, moving beyond the flawed, a-theoretical measures commonly used in empirical research. The central contribution is the development of theoretically consistent index numbers that aggregate a complex array of tariffs, quotas, and other barriers into a single, meaningful metric. The authors formulate two primary indexes based on different economic benchmarks: the Trade Restrictiveness Index (TRI), which is the uniform tariff equivalent that would deliver the same level of national welfare (real income) as the actual differentiated trade barriers, and the Mercantilist Trade Restrictiveness Index (MTRI), which is the uniform tariff equivalent that would generate the same total import volume. The analysis is built upon sophisticated dual techniques within a general equilibrium structure, systematically exploring the indexes' properties under various assumptions, including imperfect competition and the presence of non-tariff barriers. The second half of the book is dedicated to demonstrating the practical implementation of these concepts. It presents empirical applications, including calculations of the TRI and MTRI for numerous countries, and examines their use within Computable General Equilibrium (CGE) models. A key finding is the significant divergence, and at times opposite sign, between these theoretically sound indexes and conventional measures like the trade-weighted average tariff, fundamentally challenging the validity of conclusions drawn from using the latter.…
Seller Inventory # 011999
- Title
- Measuring the Restrictiveness of International Trade Policy
- Author
- James E. Anderson; J. Peter Neary
- Publisher
- MIT Press
- Publication year
- 2005
- Condition
- Very Good
- Dust jacket
- Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0262012200
- ISBN 13
- 9780262012201
- Edition
- 1st Edition
Proposing new theoretically sound indexes for measuring trade restrictiveness, with empirical results that show their application.
A country's stance on international trade is an important component of its economic welfare. Yet relatively little theoretical attention has been paid to developing accurate methods to assess trade policies, leaving practitioners and policy makers with ad hoc solutions that lack theoretical foundation. In this book, James Anderson and Peter Neary present a new approach to gauging trade restrictiveness. Extending the standard theory of index numbers that apply to prices, output, or productivity, Anderson and Neary develop index numbers that apply directly to policy variables. Their theoretical work builds on, and extends, the standard theory of policy reform in open economics; their empirical findings illustrate how the new indexes can be applied and show the resulting difference in the assessment of trade restrictiveness. Thus their book will be of interest to both theorists and practitioners.
After giving a nontechnical introduction to the topic, which includes a discussion of the theoretical and practical failings of other methods of measurement, Anderson and Neary propose two new indexes, the welfare-equivalent uniform tariff and the import-volume-equivalent uniform tariff, and present the theoretical foundation for these methods. The empirical work that follows applies the new approach to a range of issues, including the trade restrictiveness of domestic distortions and the use of a computable general equilibrium model to calculate the proposed measures of trade restrictiveness.
"Synopsis" may belong to another edition of this title.
About the Author
J. Peter Neary is Professor of Political Economy at University College Dublin.
"About the title" may belong to another edition of this title.
killarneybooks
Inagh, Clare, Ireland
AbeBooks seller since April 20, 2017
Shipping rates from Ireland to U.S.A.
| Item | 6 to 7 business days | 3 to 4 business days |
|---|---|---|
| First item | £ 28.47 | £ 32.11 |
Payment methods
- Bank Wire Transfer
- Paypal
Store description
All U.S.-bound orders are now shipped with UPS for reliable delivery. Additional customs or import fees are highly unlikely; however, please note buyers remain responsible for any duties or taxes that U.S. Customs may assess. -- Killarneybooks is a family-run bookshop based in the Republic of Ireland. We take pride in accurate listings, careful packaging, and prompt service - most orders ship within 24 hours. All books listed are in stock and ready for immediate dispatch - we are not dropshippers. Inquiries always welcome.…
Specialty
professional, academic, non-fictionSeller's business information
killarneybooks
Ireland
Terms of sale
Business Name: killarneybooks
Business Type: Sole Trader
Trade Register Number: 1976607T (not VAT-registered)
Business Address: Ballynoe, Inagh, Co. Clare
Customer Service representative: Ada Boosey
Phone: 00353 857512674
Email: killarneybookseu@yahoo.com
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to killarneybooks, Inagh, Clare, Ireland, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
TNT / FedEX express available on request. Please contact us for more details. Thank you.