Inter-temporal Price Discrimination when Imports are Restricted by Quotas
A dominant firm holding import quota engages in inter-temporal price discrimination when facing a competitive fringe engaged in seasonal production. This causes a welfare loss that comes in addition the loss attributable to limitation of imports below the free trade level.
|Date of creation:||2003|
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- Miyagiwa, Kaz & Ohno, Yuka, 2001. "Quota-Induced Cycles," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(2), pages 451-72, May.
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- Kala Krishna, 1985.
"Trade Restrictions as Facilitating Practices,"
NBER Working Papers
1546, National Bureau of Economic Research, Inc.
- Richard Harris, 1985.
"Why Voluntary Export Restraints Are 'Voluntary.',"
Canadian Journal of Economics,
Canadian Economics Association, vol. 18(4), pages 799-809, November.
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