On Why Voluntary Export Restraints Are Voluntary
Canadian Journal of Economics, 1991, vol. 24, issue 1, 228-33
This paper reexamines why voluntary export restraints are voluntary. It is shown that the results depend crucially on whether domestic goods and imports are regarded as strategic substitutes or strategic complements. This, in turn, depends on the following conditions: the form of the demand and the cost functions, and the nature of quantity competition. In particular, with linear demands and constant marginal costs, voluntary export restraints are voluntary; they are not involuntary.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0008-4085%2819910 ... WVERA%3E2.0.CO%3B2-B (text/html)
only available to JSTOR subscribers
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cje:issued:v:24:y:1991:i:1:p:228-33
Ordering information: This journal article can be ordered from
https://www.economic ... ionen/membership.php
Access Statistics for this article
Canadian Journal of Economics is currently edited by Katherine Cuff
More articles in Canadian Journal of Economics from Canadian Economics Association Canadian Economics Association Prof. Werrner Antweiler, Treasurer UBC Sauder School of Business 2053 Main Mall Vancouver, BC, V6T 1Z2. Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Werner Antweiler ().