@techreport{NBERw6870,
 title = "The Mercantilist Index of Trade Policy",
 author = "James E. Anderson and J. Peter Neary",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "6870",
 year = "1999",
 month = "January",
 URL = "http://www.nber.org/papers/w6870",
 abstract = {This paper develops and characterizes an index of trade policy restrictiveness defined as the uniform tariff equivalent which maintains the same volume of trade as a given set of tariffs, quota, and domestic taxes and subsidies.  We relate this volume-equivalent index to the Trade Restrictiveness Index welfare-equivalent measure changes in the generalised mean and variance of the tariff schedule. Applications to international cross-section and time-series comparisons of trade policy show that the new index frequently gives a very different picture than do standard indexes.},
}