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AA00260492-19950002-0065.pdf
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Title |
Title |
PROTECTIVE EFFECTS OF SOURCE-SPECIFIC 'VER' AND GLOBAL QUOTA UNDER OLIGOPOLY
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ACHARYYA, Rajat
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Burdwan University, University of Calcutta
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Keio Economic Society, Keio University
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1995
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Keio economic studies
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32
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2
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1995
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65
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70
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Abstract |
This paper demonstrates that under oligopolistic market structure with quantity-setting firms, the argument that source-specific VERs are less effective in restricting imports than global quota is not necessarily valid. Contrarily, the quota permitting "less" imports might be anti-protective under non-cooperative behaviour of firms unless the quota regime is very stringent.
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