Measuring effects of trade policy distortions: how far have we come?

Date

2003-04

Authors

Anderson, Kym

Journal Title

Journal ISSN

Volume Title

Publisher

Wiley

Abstract

This celebration of Max Corden's academic achievements provides an appropriate time to reflect on how far the international economics profession has progressed in measuring the extent and effects of trade policy distortions. Calculations of the extent of protection from import competition took a giant leap following the development and popularisation by Corden (plus Balassa and others) of the effective rate of protection concept in the 1960s. Subsequently, our abilities to empirically estimate the effects of protection on such things as production, consumption, trade, and national and global economic welfare and its distribution also have developed rapidly.

Description

Keywords

Max Corden, academic, achievements, international, economics, profession, trade, policy, distortion, protection, import, competition

Citation

Source

The World Economy

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

Restricted until