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Theoretical Implications of Imperfect Competition on Quota License Prices and Auctions

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  • Krishna, Kala

Abstract

This article looks at the implications for trade policy of recent work on quota auctions. Recent work has considered a variety of market structures in addition to the standard one of monopoly in the product market. It has also emphasized details of the implementation process, as well as the timing of decisions and dynamic factors. Such considerations are shown to be important, because they can greatly affect the outcome of trade policies. Copyright 1993 by Oxford University Press.

Suggested Citation

  • Krishna, Kala, 1993. "Theoretical Implications of Imperfect Competition on Quota License Prices and Auctions," The World Bank Economic Review, World Bank, vol. 7(1), pages 113-136, January.
    • Handle: RePEc:oup:wbecrv:v:7:y:1993:i:1:p:113-36
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    Cited by:

    1. James Lake & Maia Linask, 2015. "Costly distribution and the non-equivalence of tariffs and quotas," Public Choice, Springer, vol. 165(3), pages 211-238, December.
    2. Hervé Guyomard & Catherine Laroche & Chantal Le Mouel, 1998. "Marché contingenté à l'importation et marché des droits à importer en concurrence imparfaite [Le cas de la banane dans l'Union européenne ]," Économie rurale, Programme National Persée, vol. 243(1), pages 47-55.
    3. Shumei Gao & Jihe Song, 2004. "Quota Use under VERs: A theoretical framework and some evidence on MFA quota use," Working Papers E03, Department of Economics, School of Management and Languages, Heriot Watt University.
    4. Hervé Guyomard & Catherine Laroche & Chantal Le Mouël, 1998. "Contingent à l'importation et formation du prix des droits à importer en concurrence imparfaite : le cas de l'Organisation Commune de Marché de la banane dans l'Union européenne," Post-Print hal-01594045, HAL.
    5. Antelo, Manel & Bru, Lluís, 2022. "Optimal capacity allocation in a vertical industry," MPRA Paper 113984, University Library of Munich, Germany.
    6. Skully, David W., 1999. "The Economics Of Trq Administration," Working Papers 14584, International Agricultural Trade Research Consortium.
    7. Sunnevåg, Kjell J., 2001. "Auction design for the allocation of multiple units of a homogenous good: Theoretical background and practical experience," University of California at Santa Barbara, Economics Working Paper Series qt6wh704p7, Department of Economics, UC Santa Barbara.
    8. Geoffrey Bannister, 1994. "Rent sharing in the multi-fibre arrangement: The case of Mexico," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(4), pages 800-827, December.

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