Quota Rents and Subsidies: The Case of U.S. Cheese Import Quotas

Ellen Hornig, Richard N. Boisvert and David Blandford

No 186977, Staff Papers from Cornell University, Department of Applied Economics and Management

Abstract: this paper examines the effects of import quotas and foreign exports subsidies on the size of rents from U.S. cheese imports and their division among importers and exporters. Consumers pay a hefty portion of the wholesale price in rents and tariffs; EC's subsidization of cheese exports to the United States has served primarily to maintain rents.

Keywords: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Pages: 16
Date: 1988-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudasp:186977

DOI: 10.22004/ag.econ.186977

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