Trade Policy with Heterogeneous Traders : Do Quotas Get a Bum Rap? /
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longer hold and the conventional ranking of tariffs and quotas is turned on its head: quota...
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2007/092 |
| Online pristup: | Full text available on IMF |