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Author: | Grant, S. Quiggin, J. |
Title: | Strategic trade policy under uncertainty: sufficient conditions for the optimality of ad valorem, specific and quadratic trade taxes |
Journal: | International Economic Review
1997 : FEB, VOL. 38:1, p. 187-204 |
Index terms: | ECONOMICS TRADE POLICY UNCERTAINTY |
Language: | eng |
Abstract: | In most previous work on strategic trade policy the form of government intervention has been prescribed in advance. In this paper, the authors apply a solution concept discussed by Kempler and Meyer for games in which the strategy space consists of the class of all (non state-coningent) price quantity schedules. The authors examine a series of specific assumptions on demand and supply conditions and derive the associated equilibrium trade policies. The authors derive welfare implications for all cases examined. |
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