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Export Restraints With Imperfect Competition: A Selective Survey

  • Kala Krishna

This paper is a selective survey of the work on the effects of export restraints with imperfect competition. Although there are a number of excellent surveys of strategic trade theory as a whole. not much attention is paid in these to the effects of export restraints per se. The large and growing literature in this area is explicitly game theoretic and contains a wide variety of models which often yield different results. For this reason. the literature in this area can be difficult to follow. This survey provides a stylized overview of the area which serves as a guide to the work. Short run effects are contrasted to long run effects. The short run effects usually studied are on pricing behavior. Long run effects are multidimensional. These include effects on quality choice and investment which often work in the opposite direction to the short run effects.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3244.

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Date of creation: Jan 1990
Date of revision:
Handle: RePEc:nbr:nberwo:3244
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  1. Krishna, Kala & Itoh, Motoshige, 1988. "Content Protection and Oligopolistic Interactions," Review of Economic Studies, Wiley Blackwell, vol. 55(1), pages 107-25, January.
  2. Richard Harris, 1985. "Why Voluntary Export Restraints Are 'Voluntary.'," Canadian Journal of Economics, Canadian Economics Association, vol. 18(4), pages 799-809, November.
  3. Kala Krishna, 1985. "Tariffs vs. Quotas with Endogenous Quality," NBER Working Papers 1535, National Bureau of Economic Research, Inc.
  4. Venables, Anthony J, 1985. "International Trade, Trade and Industrial Policy and Imperfect Competition: A Survey," CEPR Discussion Papers 74, C.E.P.R. Discussion Papers.
  5. Das, Satya P. & Donnenfeld, Shabtai, 1989. "Oligopolistic competition and international trade : Quantity and quality restrictions," Journal of International Economics, Elsevier, vol. 27(3-4), pages 299-318, November.
  6. Spence, A Michael, 1977. "Nonprice Competition," American Economic Review, American Economic Association, vol. 67(1), pages 255-59, February.
  7. Yan Aw, B. & Hwang, A., 1988. "Quality Adjustment Under Quotas In A Multiproduct Model With Joint Production," Papers 0-88-3, Pennsylvania State - Department of Economics.
  8. Brander, James A. & Spencer, Barbara J., 1987. "Foreign direct investment with unemployment and endogenous taxes and tariffs," Journal of International Economics, Elsevier, vol. 22(3-4), pages 257-279, May.
  9. Feenstra, Robert C., 1985. "Automobile prices and protection: The U.S.-Japan trade restraint," Journal of Policy Modeling, Elsevier, vol. 7(1), pages 49-68.
  10. Krishna, Kala, 1989. "Trade restrictions as facilitating practices," Journal of International Economics, Elsevier, vol. 26(3-4), pages 251-270, May.
  11. Srinagesh, P. & Bradburd, R.M., 1988. "Quality Distorsion By A Discriminating Monopolist," Department of Economics Working Papers 117, Department of Economics, Williams College.
  12. Swan, Peter L, 1970. "Durability of Consumption Goods," American Economic Review, American Economic Association, vol. 60(5), pages 884-94, December.
  13. Greenaway, David, 1987. "The New Theories of Intra-industry Trade," Bulletin of Economic Research, Wiley Blackwell, vol. 39(2), pages 95-120, April.
  14. Itoh, Motoshige & Ono, Yoshiyasu, 1982. "Tariffs, Quotas, and Market Structure," The Quarterly Journal of Economics, MIT Press, vol. 97(2), pages 295-305, May.
  15. Falvey, Rodney E, 1979. "The Composition of Trade within Import-restricted Product Categories," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 1105-14, October.
  16. Dinopoulos, Elias & Kreinin, Mordechai E, 1988. "Effects on the U.S.-Japan Auto VER on European Prices and on U.S. Welfare," The Review of Economics and Statistics, MIT Press, vol. 70(3), pages 484-91, August.
  17. Buffie, Edward F. & Spiller, Pablo T., 1986. "Trade liberalization in oligopolistic industries : The quota case," Journal of International Economics, Elsevier, vol. 20(1-2), pages 65-81, February.
  18. Mussa, Michael & Rosen, Sherwin, 1978. "Monopoly and product quality," Journal of Economic Theory, Elsevier, vol. 18(2), pages 301-317, August.
  19. Feenstra, Robert C, 1988. "Quality Change under Trade Restraints in Japanese Autos," The Quarterly Journal of Economics, MIT Press, vol. 103(1), pages 131-46, February.
  20. Dean, Judith M. & Gangopadhyay, Shubhashis, 1991. "Market equilibrium under the 'threat' of a VER," Journal of International Economics, Elsevier, vol. 30(1-2), pages 137-152, February.
  21. Aw, Bee Yan & Roberts, Mark J., 1986. "Measuring quality change in quota-constrained import markets: The Case of U.S. Footwear," Journal of International Economics, Elsevier, vol. 21(1-2), pages 45-60, August.
  22. Analysis, A Welfare & Das, Satya P. & Donnenfeld, Shabtai, 1987. "Trade policy and its impact on quality of imports," Journal of International Economics, Elsevier, vol. 23(1-2), pages 77-95, August.
  23. Kala Krishna & Kathleen Hogan & Phillip Swagel, 1994. "The Nonoptimality of Optimal Trade Policies: The U.S. Automobile Industry Revisited, 1979-1985," NBER Chapters, in: Empirical Studies of Strategic Trade Policy, pages 11-40 National Bureau of Economic Research, Inc.
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