More on the non-equivalence of voluntary export restraints

Research output: Contribution to journalArticlepeer-review


This note demonstrates that VERs limiting exporters to a percentage of the domestic market are not equivalent to other trade restrictions, and that they can be inferior to equivalent import quotas even when the quota rents accrue to foreign exporters.

Original languageEnglish (US)
Pages (from-to)79-82
Number of pages4
JournalEconomics Letters
Issue number1
StatePublished - 1987

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


Dive into the research topics of 'More on the non-equivalence of voluntary export restraints'. Together they form a unique fingerprint.

Cite this