Quality upgrading through product mix change has been observed for products subject to VERs. The theoretical justification for this observation relies on a number of assumptions including freely transferable export quota licenses among firms and/or costless product mix change. This paper reviews alternative settings and objectives, deriving in each case conditions for product mix change. Among the results we establish is that observed quality upgrading...
انظر المزيد
تفاصيل
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1987/1/31
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ورقة عمل إدارية
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DRD214
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1
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1
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2013/6/05
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Disclosed
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Export mix adjustment to the imposition of voluntary export restraints (VERs) : alternative license allocation schemes
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Canadian Journal of Economics