On the equivalence of tariffs and quotas under a revenue constraint

Jiunn Rong Chiou, Hong Hwang, Yan Shu Lin

研究成果: 雜誌貢獻回顧評介論文同行評審

2 引文 斯高帕斯(Scopus)

摘要

This paper sets out a duopolistic model to examine the price and welfare equivalence of tariffs and quotas, given the quota rent is equal to the tariff revenue. It shows that the domestic welfare ranking of the two trade policies crucially depends on the relative costs of the domestic and foreign firms; when the domestic firm's relative costs are lower than those of the foreign firm, a quota regime generally leads to a higher welfare level than that of an equivalent tariff regime. This finding contrasts sharply with the conclusions of Dasgupta and Stiglitz (1977), where it was found that a tariff regime always generates higher domestic welfare.

原文???core.languages.en_GB???
頁(從 - 到)343-358
頁數16
期刊Review of Development Economics
9
發行號3
DOIs
出版狀態已出版 - 8月 2005

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