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Author:Kreinin, M. E.
Dinopoulos, E.
Title:Alternative quota and VER allocation schemes: a welfare comparison.
Journal:Economica
1992 : AUG, VOL. 59:235, p. 337-349
Index terms:WELFARE
TRADE BARRIERS
TARIFFS
INTERNATIONAL TRADE
Language:eng
Abstract:A three country general equilibrium framework is used in the paper to analyse the welfare effect of alternative allocation schemes. The paper focuses on welfare comparison of global quota and VER schemes. It is shown that a free trade market-share quota allocation scheme dominates a tariff-equivalent quota allocation scheme. The comparative welfare effects of various allocation schemes of quotas and equivalent VERs among exporting countries are shown in the table.
SCIMA record nr: 106774
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