Publication:
Second Best Trade Policies in Cournot Oligopoly

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorCorchón, Luis C.
dc.contributor.authorGonzález-Maestre, M.
dc.date.accessioned2009-03-11T09:10:59Z
dc.date.available2009-03-11T09:10:59Z
dc.date.issued2001
dc.description.abstractIn this paper we study the optimal import policy in an oligopolistic market with a given number of quantity-setting firms. In the absence of fixed costs, we show that if the policy instrument is an import quota, the optimal policy is either free trade or autarky, while if the instrument is a tariff the optimal policy is neither free trade nor autarky. In the case of fixed costs, we show that contrary to the traditional protectionist argument, a restrictive import policy might increase domestic welfare by increasing domestic consumers’ surplus, instead of increasing domestic profits.
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationSpanish Economic Review. 2001, vol. 3, nº 2, p. 81-96
dc.identifier.doi10.1007/PL00013589
dc.identifier.issn1435-5477
dc.identifier.urihttps://hdl.handle.net/10016/3794
dc.language.isoeng
dc.publisherSpringer
dc.relation.publisherversionhttp://www.springerlink.com/content/ctkcjj96uyw4ufe6/fulltext.pdf
dc.relation.publisherversionhttp://dx.doi.org/10.1007/PL00013589
dc.rightsThe original publication is available at www.springerlink.com
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomía
dc.subject.jelL13
dc.subject.jelF12
dc.subject.jelF13
dc.subject.otherImport policy
dc.subject.otheroligopoly
dc.subject.otherquotas
dc.subject.othertariffs
dc.titleSecond Best Trade Policies in Cournot Oligopoly
dc.typeresearch article*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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