The Welfare Effect of Export Restrictions » książka
The Welfare Effect of Export Restrictions
ISBN-13: 9783843354448 / Angielski / Miękka / 2010 / 68 str.
On September 28, 2006, Ukrainian government introduced licensing of grain exports, which was afterwards replaced with a quota system. The paper adopts the partial equilibrium analysis for empirical evaluation of the effect of export quotas and taxes with 5%, 10%, 15% and 20% rates under the assumption of a "small" county case. For this purpose the paper provides the required domestic demand and supply, and import demand elasticities. On the basis of the estimated price elasticities a quantitative estimation is conducted on the welfare effects of wheat producers, consumers, the government and the country as a whole. The econometric results demonstrate that export quotas are not desirable for national welfare, and export taxes are sound alternatives.
On September 28, 2006, Ukrainian government introduced licensing of grain exports, which was afterwards replaced with a quota system. The paper adopts the partial equilibrium analysis for empirical evaluation of the effect of export quotas and taxes with 5%, 10%, 15% and 20% rates under the assumption of a "small" county case. For this purpose the paper provides the required domestic demand and supply, and import demand elasticities. On the basis of the estimated price elasticities a quantitative estimation is conducted on the welfare effects of wheat producers, consumers, the government and the country as a whole. The econometric results demonstrate that export quotas are not desirable for national welfare, and export taxes are sound alternatives.
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