AN ECONOMIC ANALYSIS OF WELFARE DISTRIBUTION.AMONG TRADING COUNTRIES UNDER ALTERNATIVE MARKET INPERFECTIONS

Dae H. Song and Milton C. Hallberg

No 278957, 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A model of international trade that permits market imperfections from either exporters or importers is introduced and a quadratic program to find equilibrium. solutions under,alternative .market structures is formulated. A procedure for the welfare analysis of a wheat exporters cartel is outlined.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 13
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea80:278957

DOI: 10.22004/ag.econ.278957

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