AN ANALYSIS OF IMPORT EXPANSION POLICIES
作者:
ELIAS Dinopoulos,
MORDECHAI E. Kreinin,
期刊:
Economic Inquiry
(WILEY Available online 1990)
卷期:
Volume 28,
issue 1
页码: 99-108
ISSN:0095-2583
年代: 1990
DOI:10.1111/j.1465-7295.1990.tb00805.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
Voluntary Import Expansion is a policy under which one country (Japan) agrees to import a minimum quantity of a commodity from another country (U.S.) It turns out that Japan is better off under an equivalent export subsidy; the U.S. is better off under a VIE; and the welfare of a third‐country is higher under a policy which improves its term of trade. The “optimum” VIE for the U.S. results in a trade equilibrium point where the U.S. fnter curve is of unitary elasticity. We also consider the case of a U.S. export which is Giffen good in
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