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Trade protection and the role of non-tariff barriers

  • 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 reduces imports of affected products by up to 12%. Their trade dampening effect is thus comparable to that of trade defence instruments such as anti-dumping duties. It is smaller for exporters that have a free trade agreement with the importing country. Different types of NTBs affect trade to a different extent. Finally, we investigate the effect of behind-the-border measures, showing that they significantly lower the importer’s market access.

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Metadaten
Author:Luisa Kinzius, Alexander Sandkamp, Erdal YalcinORCiDGND
DOI:https://doi.org/10.1007/s10290-019-00341-6
ISSN:1610-2886
ISSN:1610-2878
Parent Title (English):Review of World Economics
Document Type:Article
Language:English
Year of Publication:2019
Release Date:2019/02/06
Tag:Gravity equation; Non-tariff barriers; Trade protection
Issue:155
First Page:603
Last Page:643
Note:
Volltextzugriff für Angehörige der Hochschule Konstanz möglich
Relevance:Peer reviewed Publikation in Master Journal List
Open Access?:Nein
Licence (English):License LogoLizenzbedingungen Springer