Guyomard, Herve; Mahe, Louis-Pascal - In: European Review of Agricultural Economics 21 (1994) 1, pp. 31-36
This note shows, using a general equilibrium framework, that the level of utility attainable under a quota-cum-tariff policy is higher than in the tariff-alone case but, as should be expected, lower than without any price distortion. Copyright 1994 by Oxford University Press.