Model with a Binding Import Quota

Release Date: 2019-04-22

This variant includes three sources of supply to a single domestic market. The model can simulate the effects of a binding quota on prices, quantities, and volumes of production in the market.

Model Details: Tags:
Perfect Competition Quota

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Recommended Citations:
Riker, D. and Schreiber S. (2020). Structural Equations for PE Models in Group 1 (Perfect Competition). U.S. International Trade Commission. Trade Policy PE Modeling Portal.