| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP249 |
| DP249 Counting the Cost of Voluntary Export Restrictions in the European Car Market | |
| Alasdair Smith; Anthony Venables | |
| 发表日期 | 1988-06-01 |
| 出版年 | 1988 |
| 语种 | 英语 |
| 摘要 | The effects of `voluntary' export restrictions (VERs) on sales of Japanese cars to some European markets are studied in this paper, using a numerically calibrated model of quantitative trade restrictions in a market with imperfect competition and economies of scale. In this framework, the VER has an anti-competitive effect. On the basis of 1985 data we estimate the costs to the UK of the restriction to be between 95m and 130m pounds sterling per year. Since the welfare cost of a tariff which would have the same effect on UK production would be less than half of the cost of the voluntary export restraint, it follows that the VER is a very inefficient policy instrument. The Italian and French markets have tighter VERs than the UK, with correspondingly higher costs; but replacement of individual European VERs with Community-wide restrictions on imports from Japan would impose costs on member countries that currently do not have such restrictions. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Ec Imperfect competition Motor industry Trade restrictions Voluntary export restraints |
| URL | https://cepr.org/publications/dp249 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529406 |
| 推荐引用方式 GB/T 7714 | Alasdair Smith,Anthony Venables. DP249 Counting the Cost of Voluntary Export Restrictions in the European Car Market. 1988. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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