Causal estimation of the short-term effects tariff-rate quotas (TRQs) on vegetable producer prices is hampered by large variety and different growing seasons vegetables therefore rarely performed. We quantify Swiss seasonal TRQs domestic a based difference-in-differences using novel dataset weekly for Switzerland neighbouring countries. find that increase most more than 20% above in countries d...

Japan's rice sector is supported by high prices paid by consumers that allow many farm households to maintain small rice farms. Japan's government controls trade within a tariff-rate quota and imposes a prohibitively high tariff on imports outside the quota. Within Japan, diversion programs pay farmers to substitute other crops for rice since, without government-mandated diversion, supply would...

Despite the enormous economic benefit from accession to the WTO, overall welfare of trade liberalization might be compromised since pollution from production also increased. Using plausibly exogeneous tariff reduction on Chinese goods caused by the WTO accession, variation in industry composition across cities, and variation in pollution intensity across industries, I study the effect of trade ...

In many service industries, firms introduce three-part tariffs to replace or complement existing two-part tariffs. As opposed to two-part tariffs, three-part tariffs offer allowances, or “free” units of the service. Behavioral research suggests that the attributes of a pricing plan may affect behavior beyond their direct cost implications. There is evidence that customers value “free” units abo...

We analyze a market in which an auctioneer or system operator must satisfy a fixed demand at a fixed price, and attempts to minimize cost as indicated by sellers’ bids. This situation may arise in wholesale electricity markets, e.g. when generation price caps are in effect. We show that no equilibrium exists in this situation, and the operator can not identify low-cost generators from bids. As ...

The study of determining the factors affecting inflation or consumer price index has been conducted by many macroeconomic economists nationally as well as internationally. In this paper, we assess the external determinants of inflation dynamics in Iran. For this purpose, we use an OLS single equation model and a vector error correction model (VECM). Results of the analysis reveal that money sup...

When a monopolist asks consumers to choose a particular nonlinear tariff option, consumers do not completely know their type. Their valuations of the good and/or optimal quantity purchases are only fully realized after the optional tariff has been subscribed. In order to characterize the menu of optimal nonlinear tariffs when consumers demands are stochastic, I assume that the distributions of ...

To analyze the effects on prices of simultaneous tariff reductions by multiple importing countries, we construct a simple three-country model where a good is produced by a monopolist with non-constant marginal cost and imported by two countries. We specifically compare two representative tariff-reduction formulas: the "fixed-amount" and the "uniform percentage" reductions. The uniform percentag...

We determine how the U.S. ethanol tax credit and import tariff affect the corn-ethanol-gasoline markets and how farm subsidies interact with these policies. We show how the ethanol tax credit and import tariff each uniquely affect the ethanol and gasoline prices. The ethanol import tariff alone increases the terms of trade in ethanol imports and corn exports, but decreases the terms of trade in...