Effective Protection in the Presence of Joint Production

Londero, Elio (1999): Effective Protection in the Presence of Joint Production. Published in: Journal of Economic Studies , Vol. 28, No. 1 (2001): pp. 34-42.

Abstract

This paper analyzes the measurement of effective protective rates when there is joint production. It shows that special attention is required when tradables are jointly produced with nontradables, and especially when there are significant changes in the prices of nontradables. Input-output formulas for the Balassa and Corden methods are provided.

• Item Type: MPRA Paper
• Language: English
• Keywords: effective protection, joint production
• Subjects: D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D57 - Input-Output Tables and Analysis; F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

References

Anderson, J. (1998), "Effective Protection Redux", Journal of International Economics, Vol. 44, No. 1, pp. 21-44.

Balassa, B. and Associates (1971), The Structure of Protection in Developing Countries, Johns Hopkins University Press, Baltimore.

Balassa, B. and Associates (1982), Development Strategies in Semi-industrial Economies, Johns Hopkins University Press, Baltimore.

Corden, W. (1966), "The Structure of a Tariff System and the Effective Protective Rate", Journal of Political Economy, Vol. 74, No. 3, pp. 221-37. Reprinted in Corden (1985).

Corden, W. (1971), The Theory of Protection, Oxford University Press, Oxford.

Corden, W. (1975), "The Costs and Consequences of Protection: A Survey of Empirical Work", in P. Kenen (editor), International Trade and Finance. Frontiers for Research, Cambridge University Press, Cambridge.

Corden, W. (1985), Protection, Growth and Trade. Essays in International Economics, Basil Blackwell, Oxford.

Greenaway, D., G. Reed and R. Hassan (1994), "By-products and Effective Protection", Journal of Economic Studies, Vol. 21, No. 6, pp. 31-36.