 The Relative Inefficiency of Quotas, vol 1in MIT Press Books from The MIT Press Abstract: James Anderson has been a singular force in the research on tariffs versus quotas. In this book he demonstrates that in most reasonable circumstances, quotas are an inferior trade policy relative to import tariffs. He presents substantive new work on tariffs and quotas in imperfect competition and provides a better understanding of quotas and protection policies generally. In the current debate about protectionism, free trade, and "fair trade," Anderson's conclusions fly in the face of congressional approval of import quotas as a strategy to improve American life. While he does not advocate protectionism, he shows that import quotas and tariffs are far from equivalent, illustrating the efficiency of tariffs with case studies of specific commodities and products such as cheese and other milk products, and textiles. Anderson makes an original contribution to the treatments of tariffs and quotas by creating a general presumption in favor of tariffs when protection is unavoidable, and provides a useful integrated perspective on the large tariffs versus quotas literature. Keywords: tariffs; quotas; trade policy (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:mtp:titles:0262511789 Access Statistics for this book More books in MIT Press Books from The MIT Press |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.