Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10010410651
We revisit the classic discussion of the comparison between tax and quota, but in a free-entry Cournot oligopoly. We investigate a quantity ceiling regulation as a quota policy. We find that tariff-quota equivalence holds if the firms are symmetric and the number of firms is given exogenously....
Persistent link: https://www.econbiz.de/10010959149