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A Note on India's MFA Quota Allocation System: The Effects of Subcategorization

Kala Krishna () and Ling Hui Tan ()

Annals of Economics and Statistics, 1997, issue 47, 39-50

Abstract: This paper considers the ramifications of quota subcategorization, a practice which characterizes India's system of allocating Multi-Fibre Arrangement (MFA) licenses. We compare the justifications commonly given for this practice with the optimal policies to attain those objectives.

Date: 1997
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