Optimum tariff on imports from imperfectly competitive labor?managed firms
Journal
Managerial and Decision Economics
Journal Volume
14
Journal Issue
5
Pages
469-474
Date Issued
1993
Author(s)
Abstract
This paper develops a model of international trade between a labor‐managed economy and a capitalist economy and examines the short‐ and long‐run optimal specific tariff in the presence of foreign imperfect competition among labor‐managed firms. It will be shown that the underlying conditions for the optimal tariff rule are different from conventional wisdom. Copyright © 1993 John Wiley & Sons, Ltd.
SDGs
Type
journal article