| Registro completo |
| Provedor de dados: |
AgEcon
|
| 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>Volume 11, Number 1, Winter 2010
Estey Centre Journal of International Law and Trade Policy
Volume 11, Number 1, Winter 2010
|
| Formato: |
14
|
|
