IDEAS home Printed from https://ideas.repec.org/p/oec/traaab/155-en.html
   My bibliography  Save this paper

Economics of Export Restrictions as Applied to Industrial Raw Materials

Author

Listed:
  • K.C. Fung

    (University of California)

  • Jane Korinek

    (OECD)

Abstract

Governments intervene in non-renewable natural resources sectors more than in many others, including through the use of export taxes and quotas. Industrial raw materials sectors are characterized by a number of specificities: production is often geographically concentrated, firms are often large with substantial market power, production processes are highly capital intensive, products are relatively homogeneous and potentially substantial differences in costs of production are prevalent. This paper aims to increase understanding of the economic effects of export restrictions, in particular as they apply to the mining sector. It ascertains the prevalence of export restrictions on metals and minerals, proposes a Cournot-Nash model of export restrictions, suggests some of the economic effects due to the presence of export restrictions, and draws some implications for trade policy among producing and consuming countries of non-renewable natural resources.

Suggested Citation

  • K.C. Fung & Jane Korinek, 2013. "Economics of Export Restrictions as Applied to Industrial Raw Materials," OECD Trade Policy Papers 155, OECD Publishing.
    • Handle: RePEc:oec:traaab:155-en
    DOI: 10.1787/5k46j0r5xvhd-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5k46j0r5xvhd-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5k46j0r5xvhd-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yasushi Kawabata, 2020. "Strategic export policy towards raw materials in vertically related markets," International Journal of Economic Policy Studies, Springer, vol. 14(1), pages 239-253, February.
    2. Pierre-Louis Vézina, 2015. "Illegal trade in natural resources: Evidence from missing exports," International Economics, CEPII research center, issue 142, pages 152-160.
    3. repec:oxf:wpaper:oxcarre-research-paper-139 is not listed on IDEAS
    4. Abdelaaziz Ait Ali & Mohammed Al Doghan & Muhammad Bhatti & Carlos Braga & Uri Dadush & Abdulelah Darandary & Anabel González & Niclas Poitiers, 2020. "How the World Trading System Promotes and Impedes the Diversification of Developing Countries," Research papers & Policy papers 1930, Policy Center for the New South.
    5. Bürgi Bonanomi, Elisabeth & Elsig, Manfred & Espa, Ilaria, 2015. "The Commodity Sector and Related Governance Challenges from a Sustainable Development Perspective: The Example of Switzerland Current Research Gaps," Papers 865, World Trade Institute.

    More about this item

    Keywords

    Cournot-Nash model; export ban; export prohibition; export quotas; export restrictions; export taxes; extractive industries; industrial raw materials; mining sector;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • Q37 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Issues in International Trade

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:traaab:155-en. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/tdoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.