A Dynamic Model with Import Quota Constraints

A Dynamic Model with Import Quota Constraints

A collapse in international trade following the 2007-08 crisis has underscored many dangers of globalization and renewed interest in trade protectionism, one form of which is import quotas. The analysis of import quotas is predominantly based on a static model, which is unable to capture the fact that a quota is imposed over a period of time. This article develops a continuous-time model that i...

A Dynamic Model with Import Quota Constraints Suleyman

This paper develops a continuous-time two-sector model to study the economic e ects of an import quota during the period of time over which it is imposed. One of the sectors is protected by a quota, which in our setup manifests itself as an integral constraint on the ow of imports of the protected commodity. In sharp contrast to the existing literature, our small open economy exhibits distinctl...

A time staged linear programming model for production loading problems with import quota limit in a global supply chain

Globalization has ushered in a new era when more and more companies are expanding their manufacturing operations on a global scale. This poses some special challenges and raises certain issues. This paper examines production loading problems that involve import quota limits in the global supply chain network. Import quota, which is imposed by importing countries (mostly in North America and Eur...

Optimal collective dichotomous choice under quota constraints

This paper presents optimal collective dichotomous choices under quota constraints. We focus on committees that have to decide whether to accept or reject a set of projects under quota constraints. We provide a method for optimal ranking of projects which is suitable for solving this problem. The main result generalizes a number of earlier results in the subject. To outline the applicability of...

The Employment Maximizing Import Quota Under Domestic Monopoly