% WARNING: This file may contain UTF-8 (unicode) characters. % While non-8-bit characters are officially unsupported in BibTeX, you % can use them with the biber backend of biblatex % usepackage[backend=biber]{biblatex} @techreport{NBERw16391, title = "Are All Trade Protection Policies Created Equal? Empirical Evidence for Nonequivalent Market Power Effects of Tariffs and Quotas", author = "Bruce Blonigen and Benjamin H. Liebman and Justin R. Pierce and Wesley W. Wilson", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "16391", year = "2010", month = "September", doi = {10.3386/w16391}, URL = "http://www.nber.org/papers/w16391", abstract = {Over the past decades, the steel industry has been protected by a wide variety of trade policies, both tariff- and quota-based. We exploit this extensive heterogeneity in trade protection to examine the well-established theoretical literature predicting nonequivalent effects of tariffs and quotas on domestic firms' market power. Robust to a variety of empirical specifications with U.S. Census data on the population of U.S. steel plants from 1967-2002, we find evidence for significant market power effects for binding quota-based protection, but not for tariff-based protection. There is only weak evidence that antidumping protection increases market power.}, }