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Effective rate of protection |
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Effective rate of protectionA measure of the protection provided to an industry by the entire structure of tariffs, taking into account the effects of tariffs on inputs as well as on outputs. Letting bij be the share of input i in the value of output j, the ERP of industry j is ERPj = (tj-Sibijtij)/(1-Sibij). Due to Corden (1966).Similar MatchesSecurities Investor Protection CorporationSecurities Investor Protection CorporationIn the US, a non profit organisation which provides insurance for cash and securities in customer accounts held by approved brokerage firms. Brokers and dealers registered with the Securities and Exchange Commission are obliged to be members of SIPC. In the event that such a firm fails, investors are covered up to a maximum of $500,000 of which no more than $100,000 can be cash. Tariff protectionTariff protectionProtection provided by a tariff. Court of protectionCourt of protectionAn office of the Supreme Court whose function is to manage and administer the property and affairs of people who, through mental disorder, are incapable of managing their own financial affairs. Retirement Protection Act of 1994Retirement Protection Act of 1994Legislation designed to protect the pension benefits of workers and retirees by increasing required support of pension plans by employers. National defense argument for protectionNational defense argument for protectionThe argument that imports should be restricted in order to sustain a domestic industry so that it will be available in case of trade disruption due to war. This is a second best argument, since there are a variety of ways of providing for defense at lower economic cost, including production subsidies, mothballing, and stockpiling. Further SuggestionsAdministered protectionExchange rate protection Call protection Labor standards argument for protection Investor Protection Scheme Protectionism Domestic content protection Foreign investment argument for protection Political economy of protection Self-sufficiency argument for protection Balance of payments argument for protection Actual protection rate Mortgage payment protection insurance (MPPI) Nominal rate of protection Environmental protection argument for a trade intervention Protectionism home responsibilities protection Patriotism argument for protection Payment protection insurance Intellectual property protection Deposit Protection Scheme Protection Externalities argument for protection Employment argument for protection Effective protection |
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