The conversion of all non-tariff measures into bound tariffs with reduction commitments and the introduction of minimum access commitments in the form of import quotas (as a share of domestic consumption)...
This paper examines the effects of rationing import quotas by licenses-on-demand. We analyze the Nash equilibrium for a game where prizes are allocated on a prorated basis and bidding is costless. Factors...
This paper analyzes rent seeking for agricultural import quotas and the associated waste of resources when politically contestable licenses are allocated to either or both importers and exporters. In a...
The purpose of this paper is to summarize issues relevant for export state trading enterprises and identify an analytical framework to analyze their effects on welfare and trade. The authors analyze the...
Agricultural support programs are designed to protect farmers have undergone major reforms worldwide since the inception of the Uruguay Round of trade negotiations in the mid 1980s. The impetus for these...