Title
Tariffs and quotas in world trade: A unified variational inequality framework.
Abstract
•We consider world trade policies in the form of tariff rate quotas.•A spatial price equilibrium model is constructed and a variational inequality derived.•Variants of the model with other tariff types and quotas are presented.•A numerical case study on the dairy industry and trade between France and US is developed.•Domestic producers may gain under tariff rate quotas but consumers may experience higher prices.
Year
DOI
Venue
2019
10.1016/j.ejor.2018.11.040
European Journal of Operational Research
Keywords
Field
DocType
Networks,Tariff rate quotas,Spatial price equilibrium,Dairy industry,Variational inequalities
Mathematical optimization,Ad valorem tax,Network equilibrium,Microeconomics,Tariff,Mathematics,Dairy industry,Variational inequality
Journal
Volume
Issue
ISSN
275
1
0377-2217
Citations 
PageRank 
References 
0
0.34
4
Authors
3
Name
Order
Citations
PageRank
Anna Nagurney167796.18
Deniz Besik241.45
June Dong3828.26