Is there a dirty little secret? Non-tariff barriers and the gains from trade
Winchester, Niven
Cite this item:
Winchester, N. (2008). Is there a dirty little secret? Non-tariff barriers and the gains from trade (Economics Discussion Papers Series No. 801). Department of Economics, University of Otago. Retrieved from http://hdl.handle.net/10523/887
Permanent link to OUR Archive version:
http://hdl.handle.net/10523/887
Abstract:
We estimate tariff equivalents (TEs) of non-tariff barriers (NTBs) using a series of gravity equations. Our analysis focuses on New Zealand, a nation that has a comprehensive free trade agreement (with Australia) that can be used to benchmark other trade negotiations. We estimate reductions in TEs following trade negotiations as differences between New Zealand-Australia TEs and those applying to trade between New Zealand and other nations. Simulating reductions in tariffs and NTBs in a computable general equilibrium (CGE) model indicates that gains from trade liberalisation are much larger when tariffs and NTBs are consider than when only tariffs are reduced
Date:
2008-01-01
Publisher:
Department of Economics, University of Otago
Pages:
38
Series number:
801
Keywords:
trade liberalisation; computable general equilibrium modelling; Non-tariff barriers
Research Type:
Discussion Paper
Collections
- Economics [315]
- Discussion Paper [438]