Import Demand Elasticities and Trade Distortions

This paper provides a systematic estimation of import demand elasticities for a broad group of countries at a very disaggregated level of product detail. We use a semiflexible translog GDP function approach to formally derive import demands and their elasticities, which are estimated with data on pr...

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Main Authors:	Kee, Hiau Looi, Nicita, Alessandro, Olarreaga, Marcelo
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Model Construction and Estimation C510 Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190
Online Access:	http://hdl.handle.net/10986/5902

id	okr-10986-5902
recordtype	oai_dc
spelling	okr-10986-59022021-04-23T14:02:23Z Import Demand Elasticities and Trade Distortions Kee, Hiau Looi Nicita, Alessandro Olarreaga, Marcelo Model Construction and Estimation C510 Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 This paper provides a systematic estimation of import demand elasticities for a broad group of countries at a very disaggregated level of product detail. We use a semiflexible translog GDP function approach to formally derive import demands and their elasticities, which are estimated with data on prices and endowments. Within a theoretically consistent framework, we use the estimated elasticities to construct Feenstra's (1995) simplification of Anderson and Neary's trade restrictiveness index (TRI). The difference between TRIs and import-weighted tariffs is shown to depend on the tariff variance and the covariance between tariffs and import demand elasticities. 2012-03-30T07:35:06Z 2012-03-30T07:35:06Z 2008 Journal Article Review of Economics and Statistics 00346535 http://hdl.handle.net/10986/5902 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	Model Construction and Estimation C510 Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190
spellingShingle	Model Construction and Estimation C510 Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Kee, Hiau Looi Nicita, Alessandro Olarreaga, Marcelo Import Demand Elasticities and Trade Distortions
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper provides a systematic estimation of import demand elasticities for a broad group of countries at a very disaggregated level of product detail. We use a semiflexible translog GDP function approach to formally derive import demands and their elasticities, which are estimated with data on prices and endowments. Within a theoretically consistent framework, we use the estimated elasticities to construct Feenstra's (1995) simplification of Anderson and Neary's trade restrictiveness index (TRI). The difference between TRIs and import-weighted tariffs is shown to depend on the tariff variance and the covariance between tariffs and import demand elasticities.
format	Journal Article
author	Kee, Hiau Looi Nicita, Alessandro Olarreaga, Marcelo
author_facet	Kee, Hiau Looi Nicita, Alessandro Olarreaga, Marcelo
author_sort	Kee, Hiau Looi
title	Import Demand Elasticities and Trade Distortions
title_short	Import Demand Elasticities and Trade Distortions
title_full	Import Demand Elasticities and Trade Distortions
title_fullStr	Import Demand Elasticities and Trade Distortions
title_full_unstemmed	Import Demand Elasticities and Trade Distortions
title_sort	import demand elasticities and trade distortions
publishDate	2012
url	http://hdl.handle.net/10986/5902
_version_	1764396716258230272

Import Demand Elasticities and Trade Distortions

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