Krueger's Negative Export Supply Model: An Alternative Rent-Seeking Model
6 Pages Posted: 19 Dec 2014
Date Written: December 17, 2014
Abstract
This paper proves that Krueger’s trade model is not trustworthy and her measure of rent is both uncertain and negligible. An alternative model inspired by Pigou works out the definite rent, but this paper concludes that such rent does not dissipate so easily.
Keywords: Tariff, Quota, Rent-Seeking
JEL Classification: D72, F13
Suggested Citation: Suggested Citation
Choi, Hak, Krueger's Negative Export Supply Model: An Alternative Rent-Seeking Model (December 17, 2014). Available at SSRN: https://ssrn.com/abstract=2539610 or http://dx.doi.org/10.2139/ssrn.2539610
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