Paarlberg, Philip L.; Lee, John G. - In: American Journal of Agricultural Economics 80 (1998) 1, pp. 175-183
We present a simple model linking infection risk from imports to a tariff. The risk causes the exporter of the infected product to face a higher tariff than would otherwise be the case. A numerical example is developed for U.S. beef imports from nations with Foot-and-Mouth Disease (FMD). The...