The Theory of Tariff Rate Quotas: An Application to the U.S. Sugar program using MONASH-USA

Ashley Winston

Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre

Abstract: MONASH-USA (also known as USAGE-ITC) is a detailed dynamic general equilibrium model of the U.S. developed by the Centre of Policy Studies in collaboration with the U.S. International Trade Commission. This paper reports on the theoretical developments completed for a project intended to (a) add detail to the industry and commodity classification of the relevant sectors and (b) create a detailed modelling structure for the U.S. trade and industry-support policies that affect these sectors. A secondary theme of the research is the development and application of methods for modelling complementarity relationships in a large-scale general equilibrium framework. Data issues and simulation results are discussed in a second paper.

Keywords: international trade; agricultural policy; sugar; commercial policy; tariff-rate quotas; complementarity relationships; dynamic general equilibrium modelling (search for similar items in EconPapers)
JEL-codes: C61 C63 C68 D58 F13 Q13 Q17 Q18 (search for similar items in EconPapers)
Date: 2005-07
New Economics Papers: this item is included in nep-agr and nep-int
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