Showing 1 - 10 of 52
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first results is that export...
Persistent link: https://www.econbiz.de/10010896190
understanding about staying out of each other's markets. The paper distinguishes among different types of trade costs: ad valorem …, unit, fixed. It is shown that for a sufficient reduction of ad valorem trade costs, a cartel supported by collusion on … unit (fixed) trade costs a price setting cartel is strengthened (unaffected), while a quantity setting one is weakened. …
Persistent link: https://www.econbiz.de/10004963936
understanding about staying out of each other's markets. The paper distinguishes among different types of trade costs: ad valorem …, unit, fixed. It is shown that for a sufficient reduction of ad valorem trade costs, a cartel supported by collusion on … unit (fixed) trade costs a price setting cartel is strengthened (unaffected), while a quantity setting one is weakened. …
Persistent link: https://www.econbiz.de/10005068976
Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and …
Persistent link: https://www.econbiz.de/10005068836
protection, and transport costs in the export trade between Turkey and the EU. The empirical model used is an extended version of …
Persistent link: https://www.econbiz.de/10004963850
This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an...
Persistent link: https://www.econbiz.de/10010896177
integration. The 'new economic geography' world assumes mobile entrepreneurs which can relocate thus bringing agglomeration forces …
Persistent link: https://www.econbiz.de/10004963612
the simplest specifications possible, namely a symmetric two-country intra-industry trade model with fixed export costs …
Persistent link: https://www.econbiz.de/10004963707
This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...
Persistent link: https://www.econbiz.de/10004963820
This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model, contains two agglomerative forces. However, in contrast to that model, the present model is analytically solvable. Moreover, the present model exhibits a 'supercritical pitchfork...
Persistent link: https://www.econbiz.de/10004963901