๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Import quotas, price ceilings, and pricing behavior in Taiwan's flour industry

โœ Scribed by Tay-Cheng Ma

Book ID
101420544
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
143 KB
Volume
23
Category
Article
ISSN
0742-4477

No coin nor oath required. For personal study only.

โœฆ Synopsis

Abstract

With the use of data from Taiwan's flour market, this article studies the impacts of wheat import quotas and flour price ceilings on the market. The evidence indicates that flour prices were set above competitive equilibrium levels during most of the regulation period. The high prices and profit margins earned in the regulation period were due to nonbinding price ceilings as well as binding import quotas. ยฉ 2007 Wiley Periodicals, Inc. Agribusiness 23: 1โ€“15, 2007.

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