Kaempfer, William H.; Harold, J.; McClure, Jr; Willett, … - In: Canadian Journal of Economics 22 (1989) 2, pp. 228-36
This paper offers a new political economy explanation for the increasing use in recent years of quotas instead of, or in combination with, tariffs as a form of trade protection. The authors show that, under domestic monopoly, the comparative efficiency of tariffs and quotas in achieving...