학술저널
Price and Quality Effects of VERs Revisited
Price and Quality Effects of VERs Revisited: A Case Study of Korean Footwear Exports
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제8권 제1호
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1993.0333 - 57 (25 pages)
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This paper analyzes the price and quality effects of VERs on Korean footwear exports, applying index numbers to disaggregated Korean footwear exports during the period 1974-86. Unlike previous studies of upgrading that have relied on analyses of imports to the restricted markets. this paper compares restrained exporter`s sales to different markets, thereby providing a more accurate test of theoretical predictions. We find significant price increases to the restricted markets and mild across the board downgrading during the period when the VERs were binding.
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