Tariff concessions in the Kennedy Round and the structure of protection in West Germany: An econometric assessment

Interindustry variation in reductions in nominal tariffs, effective tariffs and total (tariff and nontariff) protection in West Germany consequent on Kennedy Round concessions are analyzed and compared to a similar analysis of United States concessions. Although structural changes in alternative forms of protection appear quite different in the two countries, evidence suggests that both countries, while subscribing to freer trade, have continued to maintain a policy compatible primarily with the short-run interests of labor.