Tariffs, Quotas, and International Oligopoly
AbstractThis paper compares the effects of tariffs and quotas in the presence of quantity-setting international duopolists. With the Cournot-Nash case, a tariff is equivalent to a quota; but with the Stackelberg and consistent conjecture cases, a quota will induce a switching of the domestic conjectural variation and is found to be not equivalent to a tariff. Copyright 1989 by Royal Economic Society.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Economic Papers.
Volume (Year): 41 (1989)
Issue (Month): 4 (October)
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- Chen, Hung-Yi & Chang, Yang-Ming & Chiou, Jiunn-Rong, 2011. "A welfare analysis of tariffs and equivalent quotas under demand uncertainty: Implications for tariffication," International Review of Economics & Finance, Elsevier, vol. 20(4), pages 549-561, October.
- Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Tariffs, quotas and terms-of-trade: The case of New Zealand," Journal of International Economics, Elsevier, vol. 46(2), pages 313-332, December.
- Ryuzo Sato & Rama Ramachandran & Shunichi Tsutsui, 1991. "Incomplete Appropriability of R&D and the Role of Strategies and Cultural Factors in International Trade: A Japanese Case," NBER Working Papers 3797, National Bureau of Economic Research, Inc.
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