| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059741 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We compare the relative efficiency of ad-valorem and specific tariff regimes. ⺠Homogenous firms compete in a monopolistically competitive market. ⺠A quadratic utility function that allows for variable mark-up represents preferences. ⺠Superiority of a specific tariff in monopolistically competitive markets is overturned. ⺠An ad-valorem tariff is superior when consumers' love for variety is low.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Esra Durceylan,