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This chapter surveys empirically the broad features of trade policy in goods for 31 major economies that collectively represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have more liberal trading regimes than others? Within...
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commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs … equivalent to a level of tariffs between 1.7 and 8.7 percentage points. …
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A growing share of modern trade policy instruments is shaped by non-tariff barriers (NTBs). Based on a structural gravity equation and the recently updated Global Trade Alert database, we empirically investigate the effect of NTBs on imports. Our analysis reveals that the implementation of NTBs...
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