On the Equivalence of Quantitative Trade Restrictions and Tariffs

8 Pages Posted: 6 Feb 2007

See all articles by Harris Dellas

Harris Dellas

University of Bern - Department of Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Ana Fernandes

University of Bern - Department of Economics

Klaus Neusser

University of Bern - Institute of Economics

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

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

Harris Dellas

University of Bern - Department of Economics ( email )

Gesellschaftstrasse 49
Bern, CH-3012
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+41 31 631 3989 (Phone)
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National Bureau of Economic Research (NBER)

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Centre for Economic Policy Research (CEPR)

London
United Kingdom

Ana Fernandes (Contact Author)

University of Bern - Department of Economics ( email )

Schanzeneckstrasse 1
Bern, CH-3001
Switzerland

Klaus Neusser

University of Bern - Institute of Economics ( email )

Gesellschaftsstrasse 49
CH-3012 Bern
Switzerland
41-31-631-4776/4094 (Phone)
41-31-631-3992 (Fax)

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