Tariff and Quota Equivalence in Vertically Related Markets
學年 99
學期 2
出版(發表)日期 2011-02-01
作品名稱 Tariff and Quota Equivalence in Vertically Related Markets
作品名稱(其他語言)
著者 Hwang, Hong; Kao, Kuo-feng; Peng, Cheng-hau
單位 淡江大學產業經濟學系
出版者 Blackwell Publishing
著錄名稱、卷期、頁數 Review of Development Economics 15(1), p.19-32
摘要 This paper re-examines the issue of tariff and quota equivalence by introducing an upstream market into the Hwang and Mai (1988) model, and then allowing the two downstream firms to cross-haul within each other’s market. We assume the upstream monopolist can select either a two-part or a one-part tariff pricing strategy. It is found that if the upstream firm adopts a two-part (one-part) tariff pricing strategy, then the market price of the final good under a tariff will be higher (lower) than that under an equivalent quota; that is, the quota is set at the import level under the tariff regime. This result stands in stark contrast to the prior findings of both Hwang and Mai (1988) and Fung (1989). Moreover, if the quota rent is set as being equal to the tariff revenue, the social welfare under a tariff will necessarily be lower than that under an equivalent quota.
關鍵字
語言 en_US
ISSN 1467-9361
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度
國別 USA
公開徵稿
出版型式 ,電子版,紙本
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