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We derive a method to econometrically estimate the tariff equivalent and forgone trade effects of a prohibitive technical barrier to trade (TBT) based on Wales and Woodland's Kuhn–Tucker approach to corner solutions in consumer choice. The method overcomes the lack of observed data on...
Persistent link: https://www.econbiz.de/10014203339
We derive a method to econometrically estimate the tariff equivalent and foregone trade effects of a prohibitive technical barrier to trade (TBT) based on Wales and Woodland's Kuhn-Tucker approach to corner solutions in consumer choice. The method overcomes the lack of observed data on bilateral...
Persistent link: https://www.econbiz.de/10014218426
Persistent link: https://www.econbiz.de/10003389734
The price-wedge method yields a tariff-equivalent estimate of technical barriers to trade (TBT). An extension of this method accounts for imperfect substitution between domestic and imported goods and incorporates recent findings on trade costs. We explore the sensitivity of this revamped TBT...
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This report develops a conceptual framework for the assessment of costs and benefits associated with non-tariff measures (NTMs) that allows an evidence-based comparative assessment of alternative regulatory approaches. It was prepared by Frank van Tongeren (OECD Secretariat), John Beghin (Iowa...
Persistent link: https://www.econbiz.de/10014200624
A meta-analysis explains the variation in estimated trade effects of technical barriers to trade broadly defined, using available estimates from the empirical international trade literature, and accounting for data sampling and methodology differences. Agriculture and food industries tend to be...
Persistent link: https://www.econbiz.de/10013150139