著者

荻野 和則

出版者

日本経済学会

雑誌

The Economic Studies Quarterly (ISSN:0557109X)

巻号頁・発行日

vol.41, no.2, pp.183-187, 1990-06-20 (Released:2007-10-19)

参考文献数

13

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In a specific factor model we examined the equivalence of tariffs and quotas under capital movements. We derived three results. First, both policies become equivalent despite the presence of the foreign capital which is fixed. Second, under free capital mobility, welfare depends only on the domestic price irrespective of the kind of policies. Third, the equivalence breaks down and the quota policy establishes higher welfare, a lower domestic price and the lower foreign capital stock under free capital mobility.