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 |
|---|---|
| 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 |
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