Import quotas, price ceilings, and prici
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Tay-Cheng Ma
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Article
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2007
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John Wiley and Sons
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English
β 143 KB
## 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 a