MONOPOLY AND TRADE-POLICY
成果类型：
Article
署名作者：
KOWALCZYK, C
署名单位：
National Bureau of Economic Research
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(94)90064-7
发表日期：
1994
页码：
177-186
关键词：
摘要：
This paper derives trade policy rankings for a country trading with a foreign monopoly firm. It characterizes the first-best policy under decreasing monopoly costs, and it demonstrates that a minimum import requirement implements first-best trade only under constant monopoly costs. The paper shows further that a voluntary import expansion eliminates all gains from trading with the monopoly, and that all quotas and voluntary export restraints are equivalent. Finally, it establishes that a price ceiling and a minimum import requirement are equivalent when monopoly costs are constant or decreasing, but that their ranking is ambiguous when costs are increasing.