Import Quotas in the Stackelberg Trade Model

This note examines the effects of import quotas in the Stackelberg duopoly model of Baye (1992) in which a home firm is a leader and a foreign firm is a follower in the home market. This note shows that import quotas can increase social welfare of the importing country, measured by the sum of consum...

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Veröffentlicht in:Journal of economic research 2007-05, Vol.12 (1), p.27
1. Verfasser: Sang Hack Lee
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Sprache:kor
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