Yue, Chengyan; Beghin, John C. - Iowa State University of Science and Technology <Ames, … - 2008
We derive a method to econometrically estimate the tariff equivalent and foregone trade effectsof a prohibitive technical barrier to trade (TBT) based on Wales and Woodland’s Kuhn-Tuckerapproach to corner solutions in consumer choice. The method overcomes the lack of observeddata on bilateral...