AN ANALYSIS OF IMPORT EXPANSION POLICIES

被引:7
作者
DINOPOULOS, E
KREININ, ME
机构
关键词
D O I
10.1111/j.1465-7295.1990.tb00805.x
中图分类号
F [经济];
学科分类号
02 ;
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 Japan. Copyright © 1990, Wiley Blackwell. All rights reserved
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页码:99 / 108
页数:10
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