Mizuno, Tomomichi; Takauchi, Kazuhiro; Iida, Takeshi - Faculty of Economics, Kobe University - 2011
The main purpose of this study is to investigate how a relationship arises between an ad valorem tariff and licensed … importing country chooses an ad valorem tariff rate but has no commitment power. In our model, the home government raises the … of both the licenser and licensee. These findings indicate that because of the role played by the ad valorem tariff …