Hayashibara, Masayuki - In: Open Economies Review 13 (2002) 1, pp. 73-86
Faced with an export subsidy by a foreign government, importing countries have to decide whether they should impose countervailing duties or not. Using a Cournot duopoly model, Collie (Weltwirtschaftliches Archiv 130: 191–209) shows that the subgame perfect equilibrium occurs when the...