Bovenberg, A Lans; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1993
In this paper we develop techniques for measuring the trade policy equivalent of domestic distortions, using a distance … function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform tariff which is welfare … that our Index has considerable potential in empirical work and as an aid to trade negotiators. …