Strategic Behavior in the International Burley Tobacco Market

Orlando D. Chambers; Michael R. Reed; William M. Snell

doi:10.1016/s0161-8938(98)00032-5

Strategic Behavior in the International Burley Tobacco Market

Orlando D. Chambers
, Michael R. Reed
, William M. Snell

Agricultural Economics

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This note uses an international trade model to investigate the competitiveness of the world burley tobacco market. Results support the contention that governments can take advantage of market imperfections to shift rents to the domestic economy. Both tariffs and quotas lead to larger domestic welfare compared to baseline results. However, a lowering of the price support lead to similar overall welfare increases without the retaliatory responses by competitors.

Original language	English
Pages (from-to)	139-148
Number of pages	10
Journal	Journal of Policy Modeling
Volume	22
Issue number	2
DOIs	https://doi.org/10.1016/s0161-8938(98)00032-5
State	Published - Mar 2000

Keywords

Burley tobacco
Calibration
Strategic trade theory
Welfare analysis

ASJC Scopus subject areas

Economics and Econometrics

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10.1016/s0161-8938(98)00032-5

Cite this

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title = "Strategic Behavior in the International Burley Tobacco Market",

abstract = "This note uses an international trade model to investigate the competitiveness of the world burley tobacco market. Results support the contention that governments can take advantage of market imperfections to shift rents to the domestic economy. Both tariffs and quotas lead to larger domestic welfare compared to baseline results. However, a lowering of the price support lead to similar overall welfare increases without the retaliatory responses by competitors.",

keywords = "Burley tobacco, Calibration, Strategic trade theory, Welfare analysis",

author = "Chambers, \{Orlando D.\} and Reed, \{Michael R.\} and Snell, \{William M.\}",

year = "2000",

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N2 - This note uses an international trade model to investigate the competitiveness of the world burley tobacco market. Results support the contention that governments can take advantage of market imperfections to shift rents to the domestic economy. Both tariffs and quotas lead to larger domestic welfare compared to baseline results. However, a lowering of the price support lead to similar overall welfare increases without the retaliatory responses by competitors.

AB - This note uses an international trade model to investigate the competitiveness of the world burley tobacco market. Results support the contention that governments can take advantage of market imperfections to shift rents to the domestic economy. Both tariffs and quotas lead to larger domestic welfare compared to baseline results. However, a lowering of the price support lead to similar overall welfare increases without the retaliatory responses by competitors.

KW - Burley tobacco

KW - Calibration

KW - Strategic trade theory

KW - Welfare analysis

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UR - https://www.scopus.com/pages/publications/0042283790#tab=citedBy

U2 - 10.1016/s0161-8938(98)00032-5

DO - 10.1016/s0161-8938(98)00032-5

M3 - Article

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EP - 148

JO - Journal of Policy Modeling

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ER -

Strategic Behavior in the International Burley Tobacco Market

Abstract

Keywords

ASJC Scopus subject areas

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