Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 赵志鉅教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1111/j.1467-9396.2010.00860.x |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/5WOS source URL
其它资讯
摘要This paper examines the welfare implications of quotas for an economy that is small in terms of traditionally traded goods and has monopoly power over the trade of goods consumed by tourists. Inbound tourism converts local nontraded goods into tradable goods, creating a tourism terms-of-trade effect for the tourist-receiving economy. Through this effect, quotas result in a spillover to the nontraded sector. Hence, in the presence of tourism, the traditional free-trade prescription for the small open economy is no longer valid. This lends support to the setting of import quotas. Using the optimal quota as a benchmark, we further examine the welfare effect of tied aid. If tied aid brings about an excessive supply of importable goods, then the transfer paradox of the immiserization of the tourist-receiving economy may occur.
着者Chao CC, Hazari BR, Yu ESH
期刊名称REVIEW OF INTERNATIONAL ECONOMICS
出版年份2010
月份http://aims.cuhk.edu.hk/converis/portal/Publication/5
日期1
卷号18
期次2
出版社Wiley: 24 months
页次243 - 249
国际标準期刊号096http://aims.cuhk.edu.hk/converis/portal/Publication/5-7http://aims.cuhk.edu.hk/converis/portal/Publication/576
语言英式英语
Web of Science 学科类别Business & Economics; Economics; ECONOMICS
