IDEAS home Printed from https://ideas.repec.org/a/ier/iecrev/v30y1989i4p707-23.html
   My bibliography  Save this article

Voluntary Export Restraints and Expectations: An Analysis of Export Quotas in Oligopolistic Markets

Author

Listed:
  • Yano, Makoto

Abstract

The frequency of export quotas imposed as voluntary export restraints has been increasing. This tends to create the expectation that similar export quotas will be imposed in the future, even if free trade is allowed now. The author analyzes the effect of such an expectation. He demonstrates that if a quota is expected to be imposed on foreign exporting firms, it intensifies the exporting firms' competition in the prequota period. This offsets the protection which the export quota, as a voluntary export restraint, will provide for domestic import-competing firms in the future quota period. Copyright 1989 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Suggested Citation

  • Yano, Makoto, 1989. "Voluntary Export Restraints and Expectations: An Analysis of Export Quotas in Oligopolistic Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(4), pages 707-723, November.
    • Handle: RePEc:ier:iecrev:v:30:y:1989:i:4:p:707-23
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0020-6598%28198911%2930%3A4%3C707%3AVERAEA%3E2.0.CO%3B2-Y&origin=repec
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michael P. Leidy, 1994. "Trade Policy And Indirect Rent Seeking: A Synthesis Of Recent Work†," Economics and Politics, Wiley Blackwell, vol. 6(2), pages 97-118, July.
    2. Greaney, Theresa M., 1999. "Manipulating market shares: The indirect effects of voluntary import expansions (VIEs)," Japan and the World Economy, Elsevier, vol. 11(1), pages 95-113, January.
    3. Makoto Yano & Fumio Dei, 2006. "Network externalities, discrete demand shifts, and submarginal‐cost pricing," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(2), pages 455-476, May.
    4. Ohashi, Hiroshi, 2002. "Anticipatory effects of voluntary export restraints: a study of home video cassette recorders market, 1978-86," Journal of International Economics, Elsevier, vol. 57(1), pages 83-105, June.
    5. Zhe Chen & Zhongzhong Hu & Kai Li, 2021. "The spillover effect of trade policy along the value Chain: Evidence from China's rare earth‐related sectors," The World Economy, Wiley Blackwell, vol. 44(12), pages 3550-3582, December.
    6. Oleksandr Shcherbakov & Naoki Wakamori, 2017. "Identifying the Degree of Collusion Under Proportional Reduction," Staff Working Papers 17-51, Bank of Canada.
    7. Saibal Kar & Mausumi Kar, 2016. "Multi-Market Firms and Export Quota: Effects of Withdrawal of the Multi-Fiber Arrangement," India Studies in Business and Economics, in: Swapnendu Banerjee & Vivekananda Mukherjee & Sushil Kumar Haldar (ed.), Understanding Development, edition 1, chapter 7, pages 99-113, Springer.
    8. Nelson, Douglas, 2006. "The political economy of antidumping: A survey," European Journal of Political Economy, Elsevier, vol. 22(3), pages 554-590, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ier:iecrev:v:30:y:1989:i:4:p:707-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/deupaus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.