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This paper investigates how network externalities affect parallel imports and profits. In a three-country model, a multinational manufacturer produces locally and sells through local distributors in two countries. Parallel imports between two countries are permitted by the manufacturer. The...
Persistent link: https://www.econbiz.de/10014242014
-post welfare properties but leads to lower investment ex ante. Conversely, when differential pricing is cost-based, uniform pricing … has bad ex-post welfare properties but leads to higher investment ex ante …
Persistent link: https://www.econbiz.de/10014055504
investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … consideration, the governments carry out a dynamic game of public investment. We show that the dynamic equilibrium of the policy …
Persistent link: https://www.econbiz.de/10013314918
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This chapter assesses the role of good faith in managing parallel investment and trade disputes. It considers the … jurisdictional and substantive overlap in trade and investment regimes that give rise to parallel disputes, and the normative … rights, and this chapter evaluates the extent to which they may be deployed in trade and investment regimes. While finding …
Persistent link: https://www.econbiz.de/10012940775
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costs has no impact at all, in steady-state, on firms' investments in process innovation. We then show that if only a subset … of firms export, a decline in marginal trade costs raises process innovation in exporting firms relative to that of non …-exporting firms. This reallocation of process innovation reinforces existing patterns of comparative advantage, and leads to an …
Persistent link: https://www.econbiz.de/10012750342
costs has no impact at all, in steady-state, on firms' investments in process innovation. We then show that if only a subset … of firms export, a decline in marginal trade costs raises process innovation in exporting firms relative to that of non …-exporting firms. This reallocation of process innovation reinforces existing patterns of comparative advantage, and leads to an …
Persistent link: https://www.econbiz.de/10012465324