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Tariffs, Export Quotas and Price Fluctuations

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Authors
Yeh, YeongHer
Issue Date
1996
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 9 (No. 3 1996): 217-222
Keywords
tarrifs and export; inelastic; Melvin
Abstract
It has been known in the literature that growth leads to a larger domestic price fluctuation under import quotas than under tariffs. This paper intends to show that the above proposition does not hold between tariffs and export quotas. Growth can lead to a larger domestic price fluctuation under tariffs than under export quotas if the country concerned is a large country and the foreign demand for imports is inelastic.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1086
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.09(3) (Fall 1996)
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