The econometrics of markets with quantity controls

Research output: Contribution to journalArticlepeer-review

8 Citations (Scopus)


This paper presents econometric methods for single markets with quantity controls or quotas. A theory of quotas based on disequilibrium/bargaining notions is outlined. Maximum likelihood methods are described for these theories. The methods are applied to the Australian tobacco-leaf market. It is argued that cigarette manufacturers gain slightly more from the bargaining process than tobacco-growers.

Original languageEnglish
Pages (from-to)497-504
Number of pages8
JournalApplied Economics
Issue number3
Publication statusPublished - 01 Mar 1991


Dive into the research topics of 'The econometrics of markets with quantity controls'. Together they form a unique fingerprint.

Cite this