OPTIMAL REVENUE-RAISING TRADE RESTRICTIONS UNDER UNCERTAINTY.

Discusses optimal revenue-raising trade restrictions under uncertainty about domestic demand for a good and foreign supply. Relationship between uncertainty in demand and supply functions and domestic expected surplus; Dependence of the ranking of ad valorem tariffs and quotas on targeted expected...

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Detalles Bibliográficos
Publicado en:	Journal of International Economics Vol. 10; no. 3; pp. 425 - 440
Autor principal:	Young, Leslie
Formato:	Artículo
Publicado:	Elsevier B.V. Aug80
Materias:	Trade regulation Uncertainty Economic demand Tariff Ad valorem tax
Acceso en línea:	Ver este registro en EBSCOhost

Descripción
Sumario:	Discusses optimal revenue-raising trade restrictions under uncertainty about domestic demand for a good and foreign supply. Relationship between uncertainty in demand and supply functions and domestic expected surplus; Dependence of the ranking of ad valorem tariffs and quotas on targeted expected revenue and degree of uncertainty in demand; Realization of a fixed expected tariff revenue.