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Welfare Improving Collusion In The Japanese Pork Import Market

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Author Info
Fabiosa, Jacinto F.
Abstract

Underlying parameter estimates suggest that reduction in pork exporters' profit is three times higher when the Japanese GATT safeguard is invoked, providing incentive to foreign suppliers to collude to avoid exceeding the trigger. This collusion is welfare-improving since the safeguard induces more inefficiencies. Workable and efficient allocation rules are constructed with a multi-plant monopolist structure that allows trade of quota.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21661.

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Date of creation: 1999
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Handle: RePEc:ags:aaea99:21661

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Related research
Keywords: GATT Safeguard; gate price; collusion; International Relations/Trade;

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  1. Jacinto F. Fabiosa & Yekaterina S. Ukhova, 2000. "New Aggregate and Source-Specific Pork Import Demand Elasticity for Japan: Implications to U.S. Exports," Food and Agricultural Policy Research Institute (FAPRI) Publications 00-wp253, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University. [Downloadable!]
  2. Jacinto F. Fabiosa & Yekaterina S. Ukhova, 2000. "New Aggregate and Source-Specific Pork Import Demand Elasticity for Japan: Implications to U.S. Exports," Center for Agricultural and Rural Development (CARD) Publications 00-wp253, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
  3. Fabiosa, Jacinto F. & Ukhova, Yekaterina S., 2000. "New Aggregate and Source-Specific Pork Import Demand Elasticity for Japan: Implications to U.S. Exports," Staff General Research Papers 1909, Iowa State University, Department of Economics. [Downloadable!]
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This page was last updated on 2009-12-26.

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