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Tariff Rate Quotas and Their Administration: Theory, Practice and an Econometric Model for the EU

Tariff Rate Quotas and Their Administration: Theory, Practice and an Econometric Model for the EU

Paperback

Series: Schriften Zur Internationalen Entwicklungs- Und Umweltforsch, Book 9

EconomicsGeneral Political Science

ISBN10: 363152952X
ISBN13: 9783631529522
Publisher: Peter Lang
Published: Aug 10 2004
Pages: 178
Weight: 0.57
Height: 0.30 Width: 5.80 Depth: 8.20
Language: English
Tariff Rate Quotas are an important, though controversial instrument of international agricultural trade policy. They are meant to provide market access, but can be designed to be as restrictive as import quotas. In the political and academic discussion, quota administration is blamed to cause extra inefficiencies. However, little research exists on how different methods of quota administration compare to each other. This question is approached by an econometric model for censored panel data, which was applied to the EU's tariff rate quotas. Furthermore, this work analyses how tariff rate quotas are governed by WTO rules, how they are applied in practice by the EU and US, and how they could be reformed in the ongoing agricultural trade negotiations.

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