We define a distance function appropriate to the quantitative evaluation of trade reform, the coefficient of trade utilization. It is the natural measure for quota reform, and has theoretical and practical advantages over ...
In this paper, we investigate techniques for measuring the trade policy equivalent of domestic distortions, using a distance function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform ...
We introduce an index of trade policy restrictiveness defined as the uniform tariff which maintains the same trade volume as a given tariff/quota structure. Our index overcomes the problems of the trade-weighted average ...
This paper introduces a new measure, the Trade Restrictiveness Index, which measures the restrictiveness of a system of trade protection. The index is a general equilibrium application of the distance function and answers ...
Dual methods are awkward to use for quota reform analysis. This paper develops a distance function concept (Deaton (1979)) relevant to trade distortions: the Distorted Trade Distance Function. It has the great advantage ...
We show that the effects of tariff changes on welfare and import volume can be fully
characterised by their effects on the generalised mean and variance of the tariff distribution. Using these tools, we derive new results ...