Trade and Efficiency Effects of Domestic Content Protection: The Australian Tobacco and Cigarette Industries
实证研究澳大利亚烟草种植和卷烟制造中的国内成分要求对国际贸易和国内市场效率的影响，发现该要求扭曲了贸易但可能与有效合同假说一致。
This paper provides an empirical investigation into the international trade and domestic market efficiency effects of physical domestic content requirements in the Australian tobacco leaf growing and cigarette manufacturing industries. The authors' empirical evidence suggests that the content requirement has distorted trade by restricting leaf imports. Nevertheless, the data are also consistent with the efficient contract hypothesis. The mix of domestic to imported leaf used in cigarette manufacturing depends on domestic leaf production costs and on world leaf prices but not on the negotiated domestic leaf price. Copyright 1993 by MIT Press.