On the best use of trade controls in the presence of foreign market power
Publication
, Journal Article
Tower, E
Published in: Journal of International Economics
January 1, 1983
This paper derives optimum tariffs for a country whose trading partner always exploits its own market power but assumes naively that the home country will leave its restriction unchanged. It then shows that a country which is a monopolist or monopsonist will always prefer its best price limit (price floor or ceiling) to its best tariff and prefer free trade to any quota. However, a duopsonist or duopolist will prefer its best quota to its best tariff and free trade to any price limit. Finally, the best import or export tariff of a country which fears retaliation may be negative. © 1983 Elsevier Science Publishers B.V. (North-Holland).
Duke Scholars
Published In
Journal of International Economics
DOI
ISSN
0022-1996
Publication Date
January 1, 1983
Volume
15
Issue
3-4
Start / End Page
349 / 365
Related Subject Headings
- Economics
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 14 Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Tower, E. (1983). On the best use of trade controls in the presence of foreign market power. Journal of International Economics, 15(3–4), 349–365. https://doi.org/10.1016/S0022-1996(83)80010-5
Tower, E. “On the best use of trade controls in the presence of foreign market power.” Journal of International Economics 15, no. 3–4 (January 1, 1983): 349–65. https://doi.org/10.1016/S0022-1996(83)80010-5.
Tower E. On the best use of trade controls in the presence of foreign market power. Journal of International Economics. 1983 Jan 1;15(3–4):349–65.
Tower, E. “On the best use of trade controls in the presence of foreign market power.” Journal of International Economics, vol. 15, no. 3–4, Jan. 1983, pp. 349–65. Scopus, doi:10.1016/S0022-1996(83)80010-5.
Tower E. On the best use of trade controls in the presence of foreign market power. Journal of International Economics. 1983 Jan 1;15(3–4):349–365.
Published In
Journal of International Economics
DOI
ISSN
0022-1996
Publication Date
January 1, 1983
Volume
15
Issue
3-4
Start / End Page
349 / 365
Related Subject Headings
- Economics
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 14 Economics