| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Distortion Effects of Export Quota Policy: an Analysis of the China - Raw Materials Dispute |
| Christophe Charlier; Sarah Guillou
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| 发表日期 | 2014
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2014
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| 语种 | 英语
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| 摘要 | The China - Raw Materials dispute recently arbitrated by the WTO opposed China as defendant to the US, the EU and Mexico as claimants on the somewhat unusual issue of export restrictions on natural resources. For the claimants, Chinese export restrictions on various raw materials, of which the country is a major producer, create shortages in foreign markets increasing the prices of these goods. China defends export limitations by presenting them as a natural resource conserving policy. This paper offers a theoretical analysis of the dispute with the help of a model of a monopoly extracting a non-renewable resource and selling it on both the domestic and foreign markets. The theoretical results focus on the effects of imposing an export quota on quantities, prices and price distortion. Given the crucial importance of demand elasticity in this theoretical understanding of the conflict, the empirical part of the paper provides estimates of import demand elasticity of the parties for each product concerned in the case. The model and the empirical results challenge the ideas that an export quota always favours conservation of natural resource, that a higher foreign price necessarily follows this policy and that it inherently increases price distortion and therefore discrimination.
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Suggested citation: Charlier, C., S. Guillou (2014), 'Distortion Effects of Export Quota Policy: an Analysis of the China - Raw Materials Dispute ', Nota di Lavoro 83.2014, Milan, Italy: Fondazione Eni Enrico Mattei |
| 特色分类 | F130;F180;F510;K330;Q370
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| 关键词 | Export Restrictions
WTO
Exhaustible Natural Resources
Price Discrimination
Article XX of the GATT 1994
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/distortion-effects-of-export-quota-policy-an-analysis-of-the-china-raw-materials-dispute/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118228
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推荐引用方式
GB/T 7714 |
Christophe Charlier,Sarah Guillou. Distortion Effects of Export Quota Policy: an Analysis of the China - Raw Materials Dispute. 2014.
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