Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008

Hiau Looi Kee · Cristina Neagu · Alessandro Nicita

161 citations0/0 files storedThe Review of Economics and Statistics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Global trade and economics World Trade Organization Law Economic, financial, and policy analysis

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.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 161 citations exist upstream.

References

2008Estimating Trade Restrictiveness Indices 2011Off the cliff and back? Credit conditions and international trade during the global financial crisis 2008Import Demand Elasticities and Trade Distortions 2009The great trade collapse : causes, consequences and prospects 2011Trade and the Global Recession 1994Measuring the Restrictiveness of Trade Policy 1996A New Approach to Evaluating Trade Policy 1999The Mercantilist Index of Trade Policy

Cited by

2012How (and Why) Is This Time Different? The Politics of Economic Crisis in Western Europe and the United States 2019Hidden protectionism? Evidence from non-tariff barriers to trade in the United States 2011Taking Stock of Antidumping, Safeguards and Countervailing Duties, 1990–2009 2018Non-tariff and overall protection: evidence across countries and over time 2013The System Worked: Global Economic Governance during the Great Recession 2015The Influence of Firm Global Supply Chains and Foreign Currency Undervaluations on US Trade Disputes

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.