Rent-sharing in the multi-fibre arrangement : the case of Mexico (English)

The author investigates market power and the distribution of rents in the market for Mexico's exports of apparel to the United States under the Multi - Fibre Arrangement (MFA). Conventional wisdom holds that voluntary restraints, such as those under the MFA, are superior to other kinds of trade barriers because they allow developing countries to receive the scarcity rents from quantity restriction. Recently a number of studies have questioned this...

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Author

Bannister,Geoffrey Joseph;
Document Date
1993/09/30
Document Type
Policy Research Working Paper
Report Number
WPS1191
Volume No
1
Total Volume(s)
1
Country
Mexico,
Region
Latin America And Caribbean,
Disclosure Date
2010/07/01
Doc Name
Rent-sharing in the multi-fibre arrangement : the case of Mexico
Keywords
effects of product differentiation

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Citation

Bannister,Geoffrey Joseph.

Rent-sharing in the multi-fibre arrangement : the case of Mexico (English). Policy, Research working papers ; no. WPS 1191. International trade Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/411871468776965786

Rent-sharing in the multi-fibre arrangement : the case of Mexico (English)

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