QUANTITATIVE METHODS FOR ASSESSING THE EFFECTS OF NON-TARIFF MEASURES AND TRADE FACILITATION
edited by Philippa Dee (Australian National University, Australia) & Michael Ferrantino (US International Trade Commission, USA)
As tariffs have fallen worldwide, the increasing importance of non-tariff policies for further trade liberalization has become widely recognized. The methods for assessing the potential effects of such liberalization have lagged significantly behind those available for analyzing tariffs. This book is the first volume that comprehensively addresses this gap. It has been designed to be useful for both economists and policymakers, especially for those involved in communicating ideas and results between economists and policymakers.
This indispensable book contains cutting-edge discussions of the full range of methodologies used in this area, including business surveys, summary statistics such as effective rates of protection and price gaps, time-series and panel econometrics, and simulation methods such as computable general equilibrium. It covers the entire spectrum of policies under discussion in current trade negotiations, including trade facilitation, services policies, quantitative measures, customs procedures, standards, movement of natural persons, and anti-dumping.
Some prominent contributors to this book are Bijit Bora (World Trade Organization), John Wilson, Tsunehiro Otsuki and Vlad Manole (World Bank), Catherine Mann (Institute of International Economics), Alan Deardorff and Robert Stern (University of Michigan), Joe Francois (Erasmus University), Dean Spinanger (University of Kiel), Antoni Estevadeordal and Kati Suominen (Inter-American Development Bank), Thomas Prusa (Rutgers University), Thomas Hertel and Terrie Walmsley (Purdue Univeristy), Scott Bradford (Brigham Young University), Judith Dean, Robert Feinberg, Soamiely Andriamananjara and Marinos Tsigas (US International Trade Commission).
Contents:
- Obtaining Data on the Incidence of NTMs
- The Effects of Services-Type Measures
- Trade Facilitation
- The Effects of Quota-Type and Standards-Type Measures
- Estimating Tariff Equivalents of NTMs Without Simulation
- The Effects of Other Policies
- Using Estimates of NTM Impacts in Simulations
- Methodological Aids
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Readership: Economists and quantitative practitioners involved in
trade policy analysis; policymakers with responsibility in non-tariffmeasures and trade facilitation; graduates in international economics.
"As tariffs have declined, non-tariff barriers have become increasingly important in merchandise trade, and they remain the central concern in services. Yet our measures of these barriers are appallingly weak. This volume plays a vitally important role in focussing attention on non-tariff barriers and their assessment. It brings together top scholars working in this dynamic area, who offer sophisticated techniques grounded in real world data. This volume is a must-read for anyone working on the analysis of trade policies."
Will Martin
Lead Economist, World Bank |
"Trade policy in the real world has moved far beyond the familiar tariffs of textbook economics. Comprehending the impact of non-tariff barriers and trade facilitation measures on international trade is among the most important, and analytically difficult, challenges confronting economists and policy makers. This outstanding volume brings together state-of-the-art treatments of these critical issues and should be essential reading for both researchers and practitioners interested in understanding trade policy as it is really practiced today."
Marcus Noland
Senior Fellow, Institute for International Economics |
