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- W3122197054 abstract "The paper develops a two-stage capacity constrained model, in which the mode of competition is endogenous and the constraint is flexible, to investigate the impact of Tariff Rate Quotas (TRQs) and of different liberalization options in oligopolistic markets. The model predicts that the equilibrium moves from a pure Bertrand outcome to a Cournot outcome as the effectiveness of the capacity constraint increase, that is, as the gap between the cost of the licences plus the in-quota tariff and the out-of-quota tariff increases. The results show that the impacts of the various liberalization options - the expansion of quotas by means of an increase in the number of operators or in the quota allocated to incumbents, the reduction in the in-quota and out-of-quota tariffs and improvements in the TRQ administration system - are rather diverse from those predicted by models assuming perfect competition." @default.
- W3122197054 created "2021-02-01" @default.
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- W3122197054 date "2008-01-01" @default.
- W3122197054 modified "2023-09-27" @default.
- W3122197054 title "The Liberalization Of Tariff Rate Quotas Under Oligopolistic Competition" @default.
- W3122197054 hasPublicationYear "2008" @default.
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