Quantity restrictions and price adjustment of Chinese textile exports to the U.S.

The elimination of the Multifibre Arrangement (MFA) in 2005 provides an unusual opportunity to examine the effects of a trade policy shock on export prices and firm behaviour. It was massive in scale, discrete in timing and exogenous to firms and consumers in the textile industry. Since the MFA quo...

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Bibliographic Details
Main Authors: Bernhofen, Daniel M., Upward, Richard, Wang, Zheng
Format: Article
Language:English
Published: Wiley 2017
Online Access:http://eprints.nottingham.ac.uk/45895/
http://eprints.nottingham.ac.uk/45895/
http://eprints.nottingham.ac.uk/45895/
http://eprints.nottingham.ac.uk/45895/1/mfa_we_accepted.pdf