Theoretical implications of imperfect competition on quota license prices and auctions

Research output: Contribution to journalArticle

11 Scopus citations

Abstract

This article looks at the implications for trade policy of recent work on quota auctions. Recent work has considered a variety of market structures in addition to the standard one of monopoly in the product market. It has also emphasized details of the implementation process, as well as the timing of decisions and dynamic factors. Such considerations are shown to be important, because they can greatly affect the outcome of trade policies.

Original languageEnglish (US)
Pages (from-to)113-136
Number of pages24
JournalWorld Bank Economic Review
Volume7
Issue number1
DOIs
StatePublished - Jan 1 1993

All Science Journal Classification (ASJC) codes

  • Accounting
  • Development
  • Finance
  • Economics and Econometrics

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