Measuring Trade Policy Intervention: A Cross-country Index of Relative Price Dispersion
Brian J. Aitken
Jan 1992 · Working papers / World Bank Book 838 · World Bank Publications
Ebook
48
Pages
About this ebook
Not only is it hazardous to characterize an inward-oriented country as interventionist and an outward-oriented country as liberal, but the characterization is simply wrong for developing countries. Whether a country intervenes does not tell the whole story about its trade policy, and misses an essential aspect of intervention: which goods are favored by subsidies and which are protected by tariffs.
Not only is it hazardous to characterize an inward-oriented country as interventionist and an outward-oriented country as liberal, but the characterization is simply wrong for developing countries. Whether a country intervenes does not tell the whole story about its trade policy, and misses an es...
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