Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)

TRIST is a simple, easy to use, country focused tool to assess the short-term adjustment implications of trade reform. It has been developed to improve the information available to policy makers in developing countries. It has the following key features: projections are based on revenues actually co...

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Bibliographic Details
Main Authors: Brenton, Paul, Saborowski, Christian, Staritz, Cornelia, Von Uexkull, Erik
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5453
id okr-10986-5453
recordtype oai_dc
spelling okr-10986-54532021-04-23T14:02:22Z Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST) Brenton, Paul Saborowski, Christian Staritz, Cornelia Von Uexkull, Erik Trade Policy International Trade Organizations F130 International Law K330 TRIST is a simple, easy to use, country focused tool to assess the short-term adjustment implications of trade reform. It has been developed to improve the information available to policy makers in developing countries. It has the following key features: projections are based on revenues actually collected at the tariff line level rather than simply applying statutory rates, as in currently available tools; it is transparent, runs in Excel, with formulas and calculation steps visible to the user, and is open-source with users free to change, extend, or improve according to their needs; it has high policy relevance because it projects the impact of tariff reform on total fiscal revenue from imports (including VAT and excise taxes) and results are available at the product level so that sensitive products or sectors can be identified; the tool is flexible and can incorporate tariff liberalization scenarios involving any group of trading partners and any schedule of products. This paper describes the TRIST tool and provides a range of examples that demonstrate the insights that the tool can provide to policy makers on the short-term adjustment impacts of reducing tariffs. 2012-03-30T07:32:54Z 2012-03-30T07:32:54Z 2011 Journal Article World Trade Review 14747456 http://hdl.handle.net/10986/5453 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Trade Policy
International Trade Organizations F130
International Law K330
spellingShingle Trade Policy
International Trade Organizations F130
International Law K330
Brenton, Paul
Saborowski, Christian
Staritz, Cornelia
Von Uexkull, Erik
Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description TRIST is a simple, easy to use, country focused tool to assess the short-term adjustment implications of trade reform. It has been developed to improve the information available to policy makers in developing countries. It has the following key features: projections are based on revenues actually collected at the tariff line level rather than simply applying statutory rates, as in currently available tools; it is transparent, runs in Excel, with formulas and calculation steps visible to the user, and is open-source with users free to change, extend, or improve according to their needs; it has high policy relevance because it projects the impact of tariff reform on total fiscal revenue from imports (including VAT and excise taxes) and results are available at the product level so that sensitive products or sectors can be identified; the tool is flexible and can incorporate tariff liberalization scenarios involving any group of trading partners and any schedule of products. This paper describes the TRIST tool and provides a range of examples that demonstrate the insights that the tool can provide to policy makers on the short-term adjustment impacts of reducing tariffs.
format Journal Article
author Brenton, Paul
Saborowski, Christian
Staritz, Cornelia
Von Uexkull, Erik
author_facet Brenton, Paul
Saborowski, Christian
Staritz, Cornelia
Von Uexkull, Erik
author_sort Brenton, Paul
title Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
title_short Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
title_full Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
title_fullStr Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
title_full_unstemmed Assessing the Adjustment Implications of Trade Policy Changes Using the Tariff Reform Impact Simulation Tool (TRIST)
title_sort assessing the adjustment implications of trade policy changes using the tariff reform impact simulation tool (trist)
publishDate 2012
url http://hdl.handle.net/10986/5453
_version_ 1764395099877277696