Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
By H. Kee, C. Neagu, Alessandro Nicita. Review of Economics and Statistics, 2013
181 citations recorded by the source corpus.
Abstract This paper quantifies trade policy changes and the associated trade impacts for about 100 countries between 2008 and 2009. Results show that there has been no widespread increase in protectionism. Only a few countries, including Russia, Argentina, Turkey, and China, have increased tariffs on major imported products. The United States and the EU, by contrast, rely mainly on antidumping duties to shield domestic industries. Overall, while the rise in tariffs and antidumping duties may have jointly caused global trade to drop by US$43 billion, it explains less than 2% of the collapse in world trade during the crisis period.
Subfields: Economics and Econometrics, Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/271bfbf265a7875a08797aa8db3cabdf1e144503
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In Economics and Econometrics
- D. Novy
- Alan M. Taylor
- Giuseppe Cavaliere
- M. Schularick
- S. Leybourne
- Ò. Jordà
- Thierry Mayer
- C. Borio
In Finance
In Strategy and Management
Citations in the corpus
- Trade and Uncertainty (2014, background): “More specifically, Kee, Neagu, and Nicita (2013) find that less than 2% of the Great Trade Collapse can be explained by a rise in tariffs and antidumping duties.”
- Hidden protectionism? Evidence from non-tariff barriers to trade in the United States (2019, unknown): “First, we contribute to the recent empirical literature on protectionism (see Rose, 2013; Bown and Crowley, 2013; Kee et al., 2013) by highlighting another channel through which governments might temporarily seek import protection: a stricter enforcement of product standards.”