Joerin, Robert - International Association of Agricultural Economists - IAAE - 2009
empirical evidence from auctions of TRQs in Switzerland that the observed auction prices are below the equivalent tariffs. This … by the new tariff. As a consequence, a country which replaces TRQs by single tariffs through auctions, in so doing, has … already reduced tariffs to some extent. Finally, it is important that auctions are competitive and collusion among bidders can …