Trade Liberalization and Japanese Agricultural Import Policies
This analysis empirically evaluates a subset of Japanese agricultural policies during the 1970s and 1980s using the Trade Restrictiveness Index recently developed by Anderson and Neary. This index, though theoretically rigorous, is empirically demanding, resulting in relatively few applications. Inf...
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Western Agricultural Economics Association
1998-12-01
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Online Access: | https://ageconsearch.umn.edu/record/31200 |
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doaj-793ca41bafb94af1a294d5d7f6cabbfa2020-11-25T01:01:03ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851998-12-0123233835010.22004/ag.econ.3120031200Trade Liberalization and Japanese Agricultural Import PoliciesChristos J. PantziosTimothy G. TaylorThis analysis empirically evaluates a subset of Japanese agricultural policies during the 1970s and 1980s using the Trade Restrictiveness Index recently developed by Anderson and Neary. This index, though theoretically rigorous, is empirically demanding, resulting in relatively few applications. Inferences obtained from the index are in general accordance with policy changes and economic events over the period of analysis. Using 1970 as the base, the estimated TRI suggests that policy changes during 1970-87 resulted in moderately liberalized trade. Comparison with a conventional measure of trade distortion- producer and consumer subsidy equivalents (PSEs and CSEs)- reveals contrasting inference. This suggests the choice of empirical measures in evaluating trade policies in nontrivial.https://ageconsearch.umn.edu/record/31200japanese agricultureliberalizationprotectiontrade policy |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Christos J. Pantzios Timothy G. Taylor |
spellingShingle |
Christos J. Pantzios Timothy G. Taylor Trade Liberalization and Japanese Agricultural Import Policies Journal of Agricultural and Resource Economics japanese agriculture liberalization protection trade policy |
author_facet |
Christos J. Pantzios Timothy G. Taylor |
author_sort |
Christos J. Pantzios |
title |
Trade Liberalization and Japanese Agricultural Import Policies |
title_short |
Trade Liberalization and Japanese Agricultural Import Policies |
title_full |
Trade Liberalization and Japanese Agricultural Import Policies |
title_fullStr |
Trade Liberalization and Japanese Agricultural Import Policies |
title_full_unstemmed |
Trade Liberalization and Japanese Agricultural Import Policies |
title_sort |
trade liberalization and japanese agricultural import policies |
publisher |
Western Agricultural Economics Association |
series |
Journal of Agricultural and Resource Economics |
issn |
1068-5502 2327-8285 |
publishDate |
1998-12-01 |
description |
This analysis empirically evaluates a subset of Japanese agricultural policies during the 1970s and 1980s using the Trade Restrictiveness Index recently developed by Anderson and Neary. This index, though theoretically rigorous, is empirically demanding, resulting in relatively few applications. Inferences obtained from the index are in general accordance with policy changes and economic events over the period of analysis. Using 1970 as the base, the estimated TRI suggests that policy changes during 1970-87 resulted in moderately liberalized trade. Comparison with a conventional measure of trade distortion- producer and consumer subsidy equivalents (PSEs and CSEs)- reveals contrasting inference. This suggests the choice of empirical measures in evaluating trade policies in nontrivial. |
topic |
japanese agriculture liberalization protection trade policy |
url |
https://ageconsearch.umn.edu/record/31200 |
work_keys_str_mv |
AT christosjpantzios tradeliberalizationandjapaneseagriculturalimportpolicies AT timothygtaylor tradeliberalizationandjapaneseagriculturalimportpolicies |
_version_ |
1725211033357778944 |