TY - JOUR ID - 1563 TI - Welfare Impacts of Imposing a Tariff on Rice in Iran vs an Export Tax in Thailand: A Game Theory Approach JO - Iranian Journal of Economic Studies JA - IJES LA - en SN - 2322-1402 AU - Sheikhzeinoddin, Azar AU - Bakhshoodeh, Mohammad AU - Blandford, David AD - Ph.D Student in Shiraz University AD - Professor of Agricultural Economics in shiraz University AD - Professor of Economics in Penn State University Y1 - 2014 PY - 2014 VL - 1 IS - 2 SP - 95 EP - 106 KW - Game Theory KW - Social Welfare KW - Tariff Rate KW - Rice Imports KW - Iran and Thailand DO - 10.22099/ijes.2014.1563 N2 - In this study, the social welfare impacts of the interaction of Iranian rice import policies and Thai export policies are analyzed using a game theoretic approach in conjunction with econometric supply and demand models. The joint impacts of increasing the world price of rice, resulting from the export policies in Thailand along with changes in tariff rates in Iran, on social welfare are analyzed in the two countries. Because Iran is a small country in terms of the volume of world rice trade its policies do not influence Thai social welfare. Results of this study show that in order to maximize its own social welfare, the government should impose a modest tariff rate of approximately 3%. This is much less than the actual tariff rate applied in recent years, e.g. 19% in 2007. UR - https://ijes.shirazu.ac.ir/article_1563.html L1 - https://ijes.shirazu.ac.ir/article_1563_02b927c62a27a064807786482acc8f3e.pdf ER -