Economics of Export Restrictions as Applied to Industrial Raw Materials [E-Book] / K.C. Fung and Jane Korinek
Governments intervene in non-renewable natural resources sectors more than in many others, including through the use of export taxes and quotas. Industrial raw materials sectors are characterized by a number of specificities: production is often geographically concentrated, firms are often large wit...
Saved in:
Full text |
|
Personal Name(s): | Fung, K.C.. |
Korinek, Jane. | |
Imprint: |
Paris :
OECD Publishing,
2013
|
Physical Description: |
43 p. ; 21 x 29.7cm. |
Note: |
englisch |
DOI: |
10.1787/5k46j0r5xvhd-en |
Series Title: |
/* Depending on the record driver, $field may either be an array with
"name" and "number" keys or a flat string containing only the series
name. We should account for both cases to maximize compatibility. */?>
OECD Trade Policy Papers ;
155 |
Keywords: |
Industry and Services Trade |
Governments intervene in non-renewable natural resources sectors more than in many others, including through the use of export taxes and quotas. Industrial raw materials sectors are characterized by a number of specificities: production is often geographically concentrated, firms are often large with substantial market power, production processes are highly capital intensive, products are relatively homogeneous and potentially substantial differences in costs of production are prevalent. This paper aims to increase understanding of the economic effects of export restrictions, in particular as they apply to the mining sector. It ascertains the prevalence of export restrictions on metals and minerals, proposes a Cournot-Nash model of export restrictions, suggests some of the economic effects due to the presence of export restrictions, and draws some implications for trade policy among producing and consuming countries of non-renewable natural resources. |