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Title: |
Protective Effects of Discriminatory
Quantitative Restrictions |
| Author: |
Chang, Eui Tae |
| Author
Affiliation: |
Kyung Hee U |
| Source: |
International Economic Journal, Spring 1987, v. 1, no. 1, pp. 15-28 |
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Publication Date: |
Spring 1987 |
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Abstract: |
This paper investigates analytically and
empirically how the market response of upgrading makes discriminatory
quantitative restrictions (QRs) relatively less effective than an
alternative trade restriction of tariff in protecting domestic industry.
The case of the orderly marketing arrangements (OMAs) on nonrubber shoes
of the U.S. with Taiwan and Korea is investigated empirically on the
basis of a condition identified in the analysis. It turns out that the
QRs and tariff can be broken down even in competitive conditions when
trade restriction are discriminatory and the adjustments of quality mix
are taken into account. |
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