Advanced Search
MyIDEAS: Login

Modifying Export Taxes and Quotas To Make Them Less Market-Distorting

Contents:

Author Info

  • Liefert, William M.
  • Wescott, Paul
  • Wainio, John

Abstract

This paper examines how conventional export taxes and quotas can be modified to make them less market-distorting, and thereby less welfare-diminishing. The modified policies achieve the same economic objectives of the tax or quota, such as reducing the domestic price of the exported good, increasing domestic purchases, and raising revenue, but also generate additional exports beyond the volume that the tax/quota alone would allow. Also, the policies do not involve any government subsidies to either producers or consumers. We examine two scenarios. The first is when a tax or quota is already in place, as in the case of longstanding export taxes that many countries maintain for exports of agricultural, fishery, and forestry products, minerals, and metals. The second scenario is when a measure is not yet in place but a country wishes to impose one, as in the case of short run agricultural export restrictions that countries have enacted in recent years to restrain increases in domestic food commodity prices. We also examine the outcome when the country does and does not have world market power in the exported good.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/155284
Download Restriction: no

Bibliographic Info

Paper provided by International Agricultural Trade Research Consortium in its series Working Papers with number 155284.

as in new window
Length:
Date of creation: Jul 2013
Date of revision:
Handle: RePEc:ags:iatrwp:155284

Contact details of provider:
Web page: http://iatrcweb.org/
More information through EDIRC

Related research

Keywords: trade policy; trade restrictions; export taxes; export quotas; export licenses; market power; Agricultural and Food Policy; International Relations/Trade; F13; O24; Q17;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Will Martin & Kym Anderson, 2012. "Export Restrictions and Price Insulation During Commodity Price Booms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(2), pages 422-427.
  2. William M. Liefert & Paul Westcott & John Wainio, 2012. "Alternative Policies to Agricultural Export Bans that are Less Market-Distorting," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(2), pages 435-441.
  3. Trostle, Ronald, 2008. "Factors Contributing to Recent Increases in Food Commodity Prices (PowerPoint)," Seminars 43902, USDA Economists Group.
  4. Jane Korinek & Jeonghoi Kim, 2010. "Export Restrictions on Strategic Raw Materials and Their Impact on Trade," OECD Trade Policy Papers 95, OECD Publishing.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:iatrwp:155284. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

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.