Import demand elasticities and trade distortions:
"To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. Kee, Nicita, and Olarreaga modify Kohli's (1991) GDP function approach to estimate demand elasticit...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2004]
|
Schriftenreihe: | Policy research working paper
3452 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | "To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. Kee, Nicita, and Olarreaga modify Kohli's (1991) GDP function approach to estimate demand elasticities for 4,625 imported goods in 117 countries. Following Anderson and Neary (1992, 1994) and Feenstra (1995), they use these estimates to construct theoretically sound trade restrictiveness indices and GDP losses associated with existing tariff structures. Countries are revealed to be 30 percent more restrictive than their simple or import-weighted average tariffs would suggest. Thus, distortion is nontrivial. GDP losses are largest in China, Germany, India, Mexico, and the United States. This paper--a product of the Trade Team, Development Research Group--is part of a larger effort in the group to measure trade restrictiveness"--World Bank web site |
Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 11/19/2004 |
Beschreibung: | 1 Online-Ressource |
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index_date | 2024-07-03T22:27:48Z |
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language | English |
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spelling | Nicita, Alessandro Verfasser aut Import demand elasticities and trade distortions Alessandro Nicita, Hiau Looi Kee, and Marcelo Olarreaga [Washington, D.C] World Bank [2004] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3452 Includes bibliographical references Title from PDF file as viewed on 11/19/2004 "To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. Kee, Nicita, and Olarreaga modify Kohli's (1991) GDP function approach to estimate demand elasticities for 4,625 imported goods in 117 countries. Following Anderson and Neary (1992, 1994) and Feenstra (1995), they use these estimates to construct theoretically sound trade restrictiveness indices and GDP losses associated with existing tariff structures. Countries are revealed to be 30 percent more restrictive than their simple or import-weighted average tariffs would suggest. Thus, distortion is nontrivial. GDP losses are largest in China, Germany, India, Mexico, and the United States. This paper--a product of the Trade Team, Development Research Group--is part of a larger effort in the group to measure trade restrictiveness"--World Bank web site Online-Ausg Also available in print Gross domestic product Tariff Kee, Hiau Looi Sonstige oth World Bank Sonstige oth Nicita, Alessandro Import demand elasticities and trade distortions http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3452 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Nicita, Alessandro Import demand elasticities and trade distortions Gross domestic product Tariff |
title | Import demand elasticities and trade distortions |
title_auth | Import demand elasticities and trade distortions |
title_exact_search | Import demand elasticities and trade distortions |
title_exact_search_txtP | Import demand elasticities and trade distortions |
title_full | Import demand elasticities and trade distortions Alessandro Nicita, Hiau Looi Kee, and Marcelo Olarreaga |
title_fullStr | Import demand elasticities and trade distortions Alessandro Nicita, Hiau Looi Kee, and Marcelo Olarreaga |
title_full_unstemmed | Import demand elasticities and trade distortions Alessandro Nicita, Hiau Looi Kee, and Marcelo Olarreaga |
title_short | Import demand elasticities and trade distortions |
title_sort | import demand elasticities and trade distortions |
topic | Gross domestic product Tariff |
topic_facet | Gross domestic product Tariff |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3452 |
work_keys_str_mv | AT nicitaalessandro importdemandelasticitiesandtradedistortions AT keehiaulooi importdemandelasticitiesandtradedistortions AT worldbank importdemandelasticitiesandtradedistortions |