TY - JOUR
T1 - Tariffs versus quotas with endogenous quality
AU - Krishna, Kala
N1 - Funding Information:
*Comments from participants at the NBER Summer Institute, 1984, anonymous referees, a co-editor, and Avinash Dixit are gratefully acknowledged as is financial support from Princeton University and the Sloan Foundation. After this paper was essentially completed a co-editor pointed out that another independent paper, Das and Donnenfeld (1985) complements the present analysis. ‘Advertising costs, for example, are often thought of as being Sxed and product specific.
Copyright:
Copyright 2014 Elsevier B.V., All rights reserved.
PY - 1987/8
Y1 - 1987/8
N2 - This paper analyzes the effects and desirability of tariffs, quotas and quality controls, when the quality of the imported good is endogenous, and the foreign producer is a monopolist. A crucial determinant of the direction of these effects is shown to be the valuation of increments in quality by the marginal consumer, relative to that of all consumers on average. A way of comparing infinitesimal equivalent policies is developed and used to compare import equivalent policies.
AB - This paper analyzes the effects and desirability of tariffs, quotas and quality controls, when the quality of the imported good is endogenous, and the foreign producer is a monopolist. A crucial determinant of the direction of these effects is shown to be the valuation of increments in quality by the marginal consumer, relative to that of all consumers on average. A way of comparing infinitesimal equivalent policies is developed and used to compare import equivalent policies.
UR - https://www.scopus.com/pages/publications/38249033472
UR - https://www.scopus.com/pages/publications/38249033472#tab=citedBy
U2 - 10.1016/S0022-1996(87)80007-7
DO - 10.1016/S0022-1996(87)80007-7
M3 - Article
AN - SCOPUS:38249033472
SN - 0022-1996
VL - 23
SP - 97
EP - 112
JO - Journal of International Economics
JF - Journal of International Economics
IS - 1-2
ER -