The Economics of Voluntary Export Restraint Agreements
AbstractThe three substantive sections of this survey deal with the economic consequences of voluntary export restraint agreements (VERs), e.g. the Multi-Fibre Arrangement and VERs on Japanese auto exports. Section 2 focuses on the disposition of quota rents under the assumptions of perfectly competitive markets and the absence of substitute suppliers. Section 3 considers imperfect competition and the role of VERs as cartelization instruments, facilitating collusion. Section 4 analyzes the discriminatory effects of VERs when there are third country suppliers. A broad conclusion is that the economic consequences of VERs are more complex than the standard trade policy analysis based on tariffs because of the issues discussed in Sections 3 and 4. Copyright 1989 by Blackwell Publishers Ltd
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Economic Surveys.
Volume (Year): 3 (1989)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0950-0804
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Klaus, WAELDE & Christina, WOOD, 2004.
"The Empirics of Trade and Growth : Where are the Policy Recommendations ?,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2004013, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Klaus WÃ¤lde & Christina Wood, 2004. "The empirics of trade and growth: where are the policy recommendations?," International Economics and Economic Policy, Springer, vol. 1(2), pages 275-292, January.
- Wälde, Klaus & Wood, Christina, 2000. "The empirics of trade and growth: Where are the policy recommendations?," Dresden Discussion Paper Series in Economics 09/00, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
- Klaus W�lde & Christina Wood, 2004. "The empirics of trade and growth: where are the policy recommendations?," European Economy - Economic Papers 204, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
- Calzolari, Giacomo & Lambertini, Luca, 2007.
"Export restraints in a model of trade with capital accumulation,"
Journal of Economic Dynamics and Control,
Elsevier, vol. 31(12), pages 3822-3842, December.
- G. Calzolari & L. Lambertini, 2001. "Export Restraints in a Model of Trade with Capital Accumulation," Working Papers 420, Dipartimento Scienze Economiche, Universita' di Bologna.
- De Santis, Roberto A., 1997. "Why exporting countries agree voluntary export restraints: The oligopolistic power of the foreign supplier," Kiel Working Papers 841, Kiel Institute for the World Economy.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.