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In this paper I analyse the incentives for governments and producers to act strategically in imperfectly competitive markets when there is Bertrand competition. Strategic behaviour by governments takes the form of distortions to their environmental policy from the first-best rule of equating...
Persistent link: https://www.econbiz.de/10005792245
We are concerned with trade in transport services (not cabotage but rather international shipping, transport, and related logistical services) and the importance of competition and market structure in the sector. We examine implications of liberalization for profits, trade, and national gains...
Persistent link: https://www.econbiz.de/10005792477
This paper simulates the costs of the US-Japan auto VER. Under a standard constant returns to scale (CRTS) formulation, the costs are estimated at about $10 billion. It then sequentially introduces important features of the auto VER: endogenous rent premium determination, wage distortions in...
Persistent link: https://www.econbiz.de/10005123838
There has been much debate recently about the nature of environmental policy that will be set by governments concerned about the competitive advantage their industries might obtain in a world of fierce trade competition. Some claim governments will set environmental policies that are too lax,...
Persistent link: https://www.econbiz.de/10005136590
In this Paper we examine the interaction between the different modes of market access commitments in services (cross-border and establishment) market structure, and regulation. In this context, we focus on the impact of improved domestic market access for a foreign service provider on a domestic...
Persistent link: https://www.econbiz.de/10005666679
distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower … output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs can … tariffs. A 10 percentage point fall in output tariffs increases productivity by about 1%, whereas an equivalent fall in input …
Persistent link: https://www.econbiz.de/10005791433
Using a repeated game approach, this paper models a North-South trade agreement under which North offers South improved market access (via a tariff reduction) if South agrees to prevent local imitation by strengthening its protection of intellectual property rights (IPRs). We show that such an...
Persistent link: https://www.econbiz.de/10005792159
The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. This Paper shows that the presence of the Byrd Amendment can yield lower duties and greater welfare than in its absence....
Persistent link: https://www.econbiz.de/10005136749
This paper assesses the effects of reducing tariffs under the Doha Round on market access for developing countries. It … coverage or complex rules of origin. Thus lowering tariffs under the multilateral system is likely to lead to a net increase in …
Persistent link: https://www.econbiz.de/10005666534
This paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly … find that results are relatively insensitive to the equilibrium concept used. Welfare gains from tariffs are robust to …
Persistent link: https://www.econbiz.de/10005281311