Protection by Tariff Barriers and International Transaction Costs

17 Pages Posted: 25 Feb 2005

See all articles by Chris Milner

Chris Milner

University of Nottingham - School of Economics

Abstract

Using estimates of protection in the EU market against US exports, this paper illustrates the relative importance of natural and policy sources of protection and the measurement errors induced in the measurement of effective protection by omitting transactions costs. It also considers protection in the EU 'domestic' and export market, and the implications of the elimination of tariff barriers only on relative rates of protection in 'domestic' and export markets.

Suggested Citation

Milner, Chris, Protection by Tariff Barriers and International Transaction Costs. Scottish Journal of Political Economy, Vol. 52, No. 1, pp. 105-121, February 2005. Available at SSRN: https://ssrn.com/abstract=672747

Chris Milner (Contact Author)

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom

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