Economics of Export Restrictions as Applied to Industrial Raw Materials

K.C. Fung and Jane Korinek ()

No 155, OECD Trade Policy Papers from OECD Publishing

Abstract: Governments intervene in non-renewable natural resources sectors more than in many others, including through the use of export taxes and quotas. Industrial raw materials sectors are characterized by a number of specificities: production is often geographically concentrated, firms are often large with substantial market power, production processes are highly capital intensive, products are relatively homogeneous and potentially substantial differences in costs of production are prevalent. This paper aims to increase understanding of the economic effects of export restrictions, in particular as they apply to the mining sector. It ascertains the prevalence of export restrictions on metals and minerals, proposes a Cournot-Nash model of export restrictions, suggests some of the economic effects due to the presence of export restrictions, and draws some implications for trade policy among producing and consuming countries of non-renewable natural resources.

Keywords: Cournot-Nash model; export ban; export prohibition; export quotas; export restrictions; export taxes; extractive industries; industrial raw materials; mining sector (search for similar items in EconPapers)
JEL-codes: F12 F13 L72 Q37 (search for similar items in EconPapers)
Date: 2013-05-14
New Economics Papers: this item is included in nep-env and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1787/5k46j0r5xvhd-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:traaab:155-en

Access Statistics for this paper

More papers in OECD Trade Policy Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().