We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Industry Inefficiency, Monopoly and Import Liberalization in New Zealand--An Assessment of the Static Welfare Effects.
- Authors
Pickford, M.
- Abstract
A monopoly industry trade model embodying various assumptions is used to estimate the static, partial, welfare effects of the New Zealand import liberalization policy introduced in 1984. Import licences for products competitive with domestic manufactures are being expanded, causing tendered premiums to fall until tariffs assume the protective role. The resulting price falls are estimated to produce an aggregate welfare gain of 0.28 percent of GDP, and to generate large distributional effects.
- Subjects
NEW Zealand; MONOPOLIES; COMPETITION; FOREIGN trade regulation
- Publication
Economic Record, 1987, Vol 63, Issue 181, p162
- ISSN
0013-0249
- Publication type
Article
- DOI
10.1111/j.1475-4932.1987.tb00648.x