To understand the role of trade policies in the crisis of 2008, this paper constructs the overall trade restrictiveness indices for a wide range of countries using their tariff schedules in 2008 and 2009. The index summarizes the trade policy stance of a country, taking into account the share of each good in trade as well as its corresponding import demand elasticity. Results show that there is no widespread increase in protectionism via tariff policies...
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DETALHES
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2010/04/01
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Documento de trabalho sobre pesquisa de políticas
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WPS5274
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1
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1
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2010/07/01
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Disclosed
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Is protectionism on the rise ? assessing national trade policies during the crisis of 2008
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import demand
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