American Economic Review Vol. 92 No. 2 2002
Cost of Protection: Where Do We Stand?
Abstract
Economists measure the cost of protection in terms of static efficiency, growth rates and firm- or industry-level productivity effects. This survey is devoted exclusively to the literature on the static efficiency. A key preliminary point to note is that estimates in this literature are not derived econometrically from pre- and post- liberalization data. Instead, they are based on simulations of partial- or general-equilibrium models that are parameterized using estimates from the literature and calibrated around a pre-liberalization base year. This paper explores alternate measures of protection and thei welfare costs.
- DOI
- 10.1257/000282802320189203
- Volume
- 92
- Issue
- 2
- Pages
- 175-179
- Language
- en
- Sources
- bibtex:phds-export.bib crossref openalex