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Ranking Alternative Trade-Restricting Policies Under International Duopoly
Oleh:
Ishikawa, J.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 6 no. 2 (1994)
,
page 157-170.
Topik:
TRADES
;
ranking
;
trade - restricting policy
;
international duopoly
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.4
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
In the context of an international duopoly with product differetiation and conjectural variations, this paper examines the equivalence of several policies that are designed so as to restrict domestic imports to a certain exogenous level and ranks them from the point of view of consumer prices, profits, and economic welfare. The particular value of conjectural variations and the slope of reaction curves are crucial for the ranking. The ranking on the basis of domestic welfare and world welfare is directly opposite to the ranking on the basis of foreign welfare. Tariffs and quotas are never equivalent in our model.
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