By‐products and Effective Protection
David Greenaway
(CREDIT, University of Nottingham, UK)
Geoffrey Reed
(CREDIT, University of Nottingham, UK)
Refaat Hassan
(Department of Economics, Menoufia University, Shibin
El‐Rom, Egypt)
405
Abstract
The standard measures of effective protection calculate EPRs by reference to an activity′s principal product. In many activities by‐products which have a positive economic value are important. Revises the standard measures to allow for the incorporation of by‐products and uses an example to illustrate how their exclusion can impact on estimated EPRs.
Keywords
Citation
Greenaway, D., Reed, G. and Hassan, R. (1994), "By‐products and Effective Protection", Journal of Economic Studies, Vol. 21 No. 6, pp. 31-36. https://doi.org/10.1108/01443589410071445
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited