Data/hora: 10/06/2024 10:08:41

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	Tariff-Rate Quotas, Rent-Shifting and the Selling of Domestic Access	
Autores: 	Larue,   Bruno; Lapan,   Harvey E.; Gervais,   Jean-Philippe.	
Data: 	2010-05-19	
Ano: 	2010	
Palavras-chave: 	Financial Economics; International Relations/Trade; Marketing; Political Economy.	
Resumo: 	Tariff-rate quotas (TRQs) have replaced quotas at the end of the Uruguay Round. We analyze TRQs when a foreign firm competes against a domestic firm in the latter’s market. Our benchmark is the strategic rent-shifting tariff. We show that the domestic price-equivalent TRQ is a better instrument welfare-wise, as it can extract all of the rents from the foreign firm. We show that different pairs of within-quota tariff and quota can support full rent extraction. The implication is that reduction of the former and enlargement of the latter, holding the above-quota tariff constant, may have no liberalizing effects. The first-best TRQ and the strategic tariff generate different prices. When firms have identical and constant marginal cost, the first-best TRQ entails selling a subsidy to the foreign firm and forcing the exit of the domestic firm.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	1496-5208

http://purl.umn.edu/90591	
Relação: 	Estey Centre Journal of International Law and Trade Policy&gt;Volume 11, Number 1, Winter 2010

Estey Centre Journal of International Law and Trade Policy

Volume 11, Number 1, Winter 2010	
Formato: 	14