Tariffs vs. Quotas under Uncertainty: An Extension.
Economists Partha Dasgupta and Joseph Stiglitz consider whether a pure tariff or a pure quota is better for raising revenue when there is uncertainty about the foreign price of a good and about its domestic demand and supply functions. They conclude that "a pure tariff is unambiguously superior to a...
| Published in: | American Economic Review Vol. 70; no. 3; pp. 522 - 528 |
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| Format: | Article |
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American Economic Association
Jun80
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| Online Access: | View this record in EBSCOhost |