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The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. This Paper shows that the presence of the Byrd Amendment can yield lower duties and greater welfare than in its absence....
Persistent link: https://www.econbiz.de/10005136749
The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. When the government sets its anti-dumping duty to maximise a welfare function that attaches greater weight to the...
Persistent link: https://www.econbiz.de/10005590794
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tariffs on its imports. We consider an environment in which home firm costs are private information but it can signal these …
Persistent link: https://www.econbiz.de/10005404340
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In this paper we study the optimal import policy in an oligopolistic market with a given number of quantity-setting firms. In the absence of fixed costs, we show that if the policy instrument is an import quota, the optimal policy is either free trade or autarky, while if the instrument is a...
Persistent link: https://www.econbiz.de/10005155590
as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …
Persistent link: https://www.econbiz.de/10010343167
Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …
Persistent link: https://www.econbiz.de/10010352394
as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …
Persistent link: https://www.econbiz.de/10010352432