Mode With Entry of a New Source of Imports

Release Date: 2019-05-20

This variant of the perfect competition tariff model addresses the case when a tariff reduction leads to the entry of a new source of imports into the market. It can simulate the effects of the new entry on the prices and quantities of imports and domestic shipments in the market.

Model Details: Tags:
Perfect Competition Tariff

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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.