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We present a simple model linking infection risk from imports to a tariff. The risk causes the exporter of the infected product to face a higher tariff than would otherwise be the case. A numerical example is developed for U.S. beef imports from nations with Foot-and-Mouth Disease (FMD). The...
Persistent link: https://www.econbiz.de/10009397265
The U.S. lamb meat industry received protection from import competition in 1999 with a tariff-rate quota. This paper analyzes proposed and adopted policies using a partial equilibrium model of lamb meat and lambs incorporating imperfect competition in the packing industry. Under a tariff policy...
Persistent link: https://www.econbiz.de/10009397351