Import Quota Licenses and Market Power
分析美国乳制品进口配额制度中，将大部分进口许可证分配给少数企业如何创造寡头买方势力，从而影响配额租金和许可证拍卖的潜在成功。
Abstract Analyses of import quota regimes typically ignore institutional features under which the quota licenses are administered. However, distributing the bulk of import licenses to a small number of firms can create oligopsony power and hence affect the level of quota rent and the potential success of auctioning licenses. In this paper I test formally for this phenomenon in the U.S. dairy import quota regime. Results suggest that the administration of import licenses for cheese creates oligopsony power for U.S. cheese importing firms.