Abstract
This paper examines the redundancy of tariff protection when there is a single domestic monopolist producer. The cases where the monopolist exports in free trade and where he confronts import competition are distinguished and a general rule characterizing water-in-the-tariff in protected equilibrium is derived.
Original language | English |
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Pages (from-to) | 47-55 |
Number of pages | 9 |
Journal | Journal of International Economics |
Volume | 9 |
Issue number | 1 |
DOIs | |
State | Published - Feb 1979 |
Externally published | Yes |