| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP365 |
| DP365 Non-tariff Barriers and Rationing: UK Footwear Imports | |
| L. Alan Winters; Paul Brenton | |
| 发表日期 | 1990 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | The imposition of a quantitative restriction on imports implies that someone somewhere is quantity-rationed. If prices rise to cut demand back to the constraint level, suppliers are rationed; if not, demanders are. In this paper we develop techniques for identifying if and when consumers are rationed and for taking account of rationing in the estimation of demand equations and in the calculation of welfare effects. By way of example we consider the effects of the various non-tariff barriers that have affected imports of different types of footwear from certain suppliers into the UK. We estimate simple CES demand systems for four types of footwear, identifying in each case the principal suppliers. Our results reveal several cases in which import restrictions on footwear led to rationing and suggest that even if prices did not rise to clear the market, the welfare losses to UK consumers of being limited in their purchases of footwear were as high as 53m pounds sterling in 1986. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Footwear imports Quantitative restrictions Rationing |
| URL | https://cepr.org/publications/dp365 |
| 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/529521 |
| 推荐引用方式 GB/T 7714 | L. Alan Winters,Paul Brenton. DP365 Non-tariff Barriers and Rationing: UK Footwear Imports. 1990. |
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