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The empirical relationship between trade protection and economic growth is surprisinglyfragile, as shown in a number of other papers. After demonstrating this empiricalsensitivity, we address one possible explanation for these findings: that the relationshipis nonlinear. Following the endogenous...
Persistent link: https://www.econbiz.de/10009302530
This paper provides a systematic welfare-based approach to analyze the impact of non-tariffmeasures (NTMs) on trade and welfare in presence of market imperfections. We focus onstandard-like measures such as technical barriers and sanitary and phytosanitary regulations.The approach overcomes the...
Persistent link: https://www.econbiz.de/10009360684