Marchionatti, Roberto; Usai, Stefano - In: The Manchester School of Economic & Social Studies 65 (1997) 5, pp. 499-512
This paper is a variation on Anderson (1992), who asserts that the prospect of VER protection, inducing firms to dump, can create further protection. Anderson's model, however, seems unable to explain some stylised facts concerning the VER-regulated trade in textile and clothing. The authors'...