Import Demand Elasticities and Trade Distortions

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Kee, Hiau Looi
dc.contributor.author
Nicita, Alessandro
dc.contributor.author
Olarreaga, Marcelo
dc.date.accessioned
2013-06-13T15:28:32Z
dc.date.available
2013-06-13T15:28:32Z
dc.date.issued
2004-11
dc.date.lastModified
2021-04-23T14:03:21Z
dc.description.abstract
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. The authors 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.
en
dc.identifier
http://documents.worldbank.org/curated/en/2004/11/5457717/import-demand-elasticities-trade-distortions
dc.identifier.uri
http://hdl.handle.net/10986/13899
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Policy Research Working Paper;No. 3452
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
Import demand elasticities
dc.subject
GDP function
dc.subject
trade restrictiveness
dc.subject
deadweight loss
dc.title
Import Demand Elasticities and Trade Distortions
en
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2004/11/5457717/import-demand-elasticities-trade-distortions
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Transport and ICT
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-3452
okr.identifier.externaldocumentum
000012009_20041202102103
okr.identifier.internaldocumentum
5457717
okr.identifier.report
WPS3452
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/12/02/000012009_20041202102103/Rendered/PDF/WPS3452.pdf
en
okr.topic
Macroeconomics and Economic Growth :: Consumption
okr.topic
International Economics and Trade :: Access to Markets
okr.topic
International Economics and Trade :: Free Trade
okr.topic
Economic Theory and Research
okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
okr.topic
Information and Communication Technologies :: Information Technology
okr.topic
Environmental Economics and Policies
okr.unit
Development Research Group (DECRG)
okr.volume
1 of 1

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