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This paper investigates whether terms of trade have an impact on real exchange rates for commodity exporters and oil exporters. To this end, we estimate a long term relationship between the real effective exchange rate and economic fundamentals, including the commodity terms of trade. The...
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Methodological issues arising from the estimation of tariff equivalents of barriers to services trade are very relevant for policy. These equivalents are used extensively to compute welfare gains and resource reallocations associated with partial liberalization of the sector; any measurement...
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of specific tariffs of some agricultural products, linked to the surge in world prices, lowers the average protection. In … computing ad valorem equivalents of tariff protection, and when computing averages at aggregate levels. The world average … the opposite way, the increasing share of developing countries, where protection is higher, tend to raise the world …
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provide evidence on the world applied protection in 2004. Finally we investigate variations in tariffs occurred between 2001 … system (HS6), i.e. more than 5000 products, for the year 2004. It includes ad valorem equivalents on MFN tariffs for 169 … and compound tariffs and tariff rate quotasdata are also provided, at the same level of detail. In this paper we present …
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