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http://hdl.handle.net/10419/65442
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| Title: | | The implications of trade policy and 'natural' barriers induced protection for aggregate demand for imports: Evidence for Malawi  |
| Authors: | | Zgovu, Evious K. |
| Issue Date: | | 2003 |
| Series/Report no.: | | CREDIT Research Paper 03/17 |
| Abstract: | | This paper analyses the relative importance of trade policy and ‘natural’ trade barriers in the demand for imports for Malawi, a geographically landlocked sub-Saharan African economy, using an augmented dynamic import demand model. Incidence analysis of protection shows that pre-liberalisation trade policy barriers were greater than ‘natural’ barriers but in post-liberalisation ‘natural’ barriers were greater. Econometric analysis of the import demand model shows that ‘true’ protection of importables has been a decisive disincentive to importing. Therefore, like other landlocked countries Malawi needs to aggressively lower not only trade policy barriers but also ‘natural’ barriers for greater efficient trade. |
| Document Type: | | Working Paper |
| Appears in Collections: | | CREDIT Research Papers, The University of Nottingham
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