Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: On the welfare equivalence of tariffs and quotas under duopoly
Authors: Egli, Dominik
Westermann, Frank
Published in: Swiss Journal of Economics and Statistics
Volume(Issue): 137
Issue: 2
Pages: 171
Pages to: 182
Issue Date: 2001
Publisher / Ed. Institution: Springer
ISSN: 2235-6282
Language: English
Subjects: Duopol; Importquote; Theorie; Zoll; Wohlfahrtsanalyse
Subject (DDC): 330: Economics
Abstract: It is shown that the equivalence of tariffs and quotas is not valid if one defines equivalence in terms of welfare. In a duopoly where a home and a foreign firm compete on a domestic market, an optimal quota leads to a lower welfare than an optimal tariff. Still, any import quantity can be achieved either by a quota or an appropriately chosen tariff. Furthermore we show that moving from autarchy to free trade may reduce welfare.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Institute of Public Management (IVM)
Appears in collections:Publikationen School of Management and Law

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