Journal article
The new protectionism - the welfare effects of simultaneous quantitative restrictions on an exporting country
International economic journal, v 4(2), pp 35-57
01 Jul 1990
Abstract
This paper develops a theoretical framework based on the Marshallian partial-equilibrium approach to measure the welfare effects of quantitative restrictions on exporting countries when their exports are quantitatively restricted by several importing countries simultaneously. The practical methodology developed here is applied to measure the costs of two major protectionist measures imposed by industrial countries on imports of nonrubber footwear. The OMAs are found not to be detrimental to Korea in the aggregate, mainly because of quota rents to Korean producers being derived from higher prices in the restricted markets. Countervailing duties significantly harmed the Brazilian economy. Reprinted by permission of Taylor and Francis Ltd.
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Details
- Title
- The new protectionism - the welfare effects of simultaneous quantitative restrictions on an exporting country
- Creators
- Bang Jeon
- Publication Details
- International economic journal, v 4(2), pp 35-57
- Publisher
- Taylor and Francis
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Scopus ID
- 2-s2.0-84952437675
- Other Identifier
- 991019330625404721