Download This PaperOn the Equivalence of Quantitative Trade Restrictions and Tariffs
8 Pages Posted: 6 Feb 2007
Abstract
A difficulty with industrial policy regards the uncertainty about infant industries' long term potential. We argue that alternative commercial policy instruments may be associated with differences in the speed and accuracy with which the government learns about industry type.
Keywords: Industrial policy, trade instruments, learning, Bayes procedure, infant industry
JEL Classification: E32, E52
Suggested Citation: Suggested Citation
Dellas, Harris and Fernandes, Ana and Neusser, Klaus, On the Equivalence of Quantitative Trade Restrictions and Tariffs. Economics Letters, Forthcoming, Available at SSRN: https://ssrn.com/abstract=961253
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