MODELING TECHNICAL TRADE BARRIERS UNDER UNCERTAINTY
As traditional forms of agricultural protection continue to decline, agricultural interests will likely seek alternative protection in the form of technical barriers. A flexible framework for theoretically and empirically analyzing technical barriers under various sources of uncertainty is derived. Attention is focused on uncertainty arising from the variation in the product attribute levels, a source not yet considered by the literature. Ex ante and ex post densities of domestic and international quantities and prices as well as the densities of their respective extreme-order statistics are derived. An example is presented to illustrate the application of the developed framework.
Ker, Alan P., MODELING TECHNICAL TRADE BARRIERS UNDER UNCERTAINTY, Journal of Agricultural and Resource Economics, Volume 25, Issue 1, July 2000, Pages 28–50
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