We extend the trade restrictiveness index approach to the case of market imperfections and domestic regulations addressing them. We focus on standard-like non-tariff measures (NTMs) affecting cost of production and potentially enhancing demand by reducing negative externalities. We apply the...

This paper presents the scoring and weighting methodology for calculation of the services trade restrictiveness indices (STRIs) for 18 sectors. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign...

The water in the General Agreement on Trade in Services (GATS) refers to the difference between the bound level of trade restrictiveness permitted by the GATS and the actual trade regime. Using the OECD Services Trade Restrictiveness Index (STRI), this report provides estimates of the water in...

This paper presents the services trade restrictiveness indices (STRIs) for logistics services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers. The indices are calculated for 40...

The Chinese government frequently threatens that meetings between its trading partners' officials and the Dalai Lama will be met with animosity and ultimately harm trade ties with China. We run a gravity model of exports to China from 159 partner countries between 1991 and 2008 to test to which...

The Great Recession of 2008-9 imposed a negative shock on the global economy comparable to the 1930s Great Depression. Nevertheless, one fundamental distinction between the Great Depression and the Great Recession is that the 2008-9 global economic contraction did not result in a massive wave of...

While India did not use antidumping, safeguards, and countervailing measures (temporary trade barriers) prior to 1992, it subsequently came to become the WTO system's dominant user of those policies. Using detailed product-level data from the World Banks' Temporary Trade Barriers Database from...

This paper examines Korea's use of temporary trade barriers, mainly antidumping measures, before and during the global financial crisis of 2008-9. Using the Temporary Trade Barriers Database (Bown 2010b), we determined that the stock of imported products subject to antidumping duties in Korea...

Over the past 50 years, the steel industry has been protected by a wide variety of trade policies, both tariff- and quota-based. We exploit this extensive heterogeneity in trade protection to examine the well-established theoretical literature predicting nonequivalent effects of tariffs and...

Internationalisation of all the world economy need some better system for sustaining the international relationship among the nations. Globalisation is required for cross border integration, broad market expansive scope for domestic traders, economic integration, internationalization of all the...