Tariff Model with Incomplete Capacity Utilization
Tariff Model with Incomplete Capacity Utilization
This variant includes three sources of supply to a single market. Domestic supply and capacity utilization are determined by a capacity constraint, which is an input of the model. The model can simulate the effects of a tariff on prices, quantities, and capacity utilization.
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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. |