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Trade Policy and Import Competition under Fluctuating Prices / Paul Strebel, Shabtai Donnenfeld.
- Format:
- Book
- Author/Creator:
- Strebel, Paul.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w0628.
- NBER working paper series no. w0628
- Language:
- English
- Subjects (All):
- Foreign trade regulation.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1981.
- Cambridge, Mass. : National Bureau of Economic Research, 1981.
- Summary:
- When subsidies and tariffs are applied to imports with fluctuating prices, it is shown that the output response of domestic producers depends on market structure and their attitude toward risk. The domestic industry response is contrasted under two types of market structure, a monopoly and a competitive industry. Some unanticipated results suggest caution in the implementation of trade policy.
- Notes:
- Print version record
- February 1981.
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