Measuring Restrictiveness of Bilateral Trade Policies: A Comparison Between Developed and Developing Countries

Review of World Economics, Vol. 2, 2008

Posted: 9 Apr 2009

See all articles by Alessandro Antimiani

Alessandro Antimiani

Istituto Nazionale di Economia Agraria (INEA)

Piero Conforti

United Nations (FAO)

Luca Salvatici

Università Roma Tre - Dipartimento di Economia

Date Written: April 9, 2009

Abstract

This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade Restrictiveness Index (MTRI) - is employed to average tariffs at different levels of aggregation. The computation relies on a comparative static applied general equilibrium model (Global Trade Analysis Project-GTAP) featuring imperfect competition as well as on the bilateral applied tariffs included in the most recent version of the GTAP database. Results provide a different picture from what could have been expected given the widely publicized diffusion of preferential schemes supposedly favoring developing countries exports.

Keywords: Commercial policy, trade negotiations, computable general equilibrium models, agriculture in international trade

JEL Classification: F17, C68, Q17

Suggested Citation

Antimiani, Alessandro and Conforti, Piero and Salvatici, Luca, Measuring Restrictiveness of Bilateral Trade Policies: A Comparison Between Developed and Developing Countries (April 9, 2009). Review of World Economics, Vol. 2, 2008, Available at SSRN: https://ssrn.com/abstract=1375334

Alessandro Antimiani

Istituto Nazionale di Economia Agraria (INEA) ( email )

Via Barberini, 36 - 00187
Rome
Italy

Piero Conforti

United Nations (FAO) ( email )

Viale delle Terme di Caracalla
Rome, Lazio 00100
ITALY

Luca Salvatici (Contact Author)

Università Roma Tre - Dipartimento di Economia ( email )

Via Ostiense, 159
Roma, RM 00145
Italy
+390657335737 (Phone)

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