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We compare the social welfare generated by a domestic government in the two types of policy setups: a "commitment" regime in which the government sets its policy instrument before the strategic choice is made by the domestic firm and a "non-commitment" regime where the policy variable is set...
Persistent link: https://www.econbiz.de/10005134527
The current slump in world coffee prices is mainly due to a structural oversupply. Instead of introducing price measures, measures aimed at reducing this excess supply would be a more efficient method of increasing coffee producers'incomes.
Persistent link: https://www.econbiz.de/10005062639
This paper uses a model of horizontal multinational enterprises to explore the relationship between transportation costs and trade policy cooperation. Tariffs have the effect of attracting foreign direct investment to the benefit of consumers in the host country. As transport costs fall, the...
Persistent link: https://www.econbiz.de/10005062652
Over the past decade, the world-wide use of antidumping has become very widespread – 41 WTO-member countries initiated … antidumping cases over the 1995-2003 period. From another perspective, US exporters were subjected to 139 antidumping cases during … antidumping filings may be motivated as retaliation against similar measures imposed on a country’s exporters. This is the focus …
Persistent link: https://www.econbiz.de/10005556437
through administrative procedures such as antidumping enforcement will increase as more traditional forms such as tariffs and … liberalization in the spread of antidumping. Through both correlations and regression approaches we analyze the relationship between … tariff concessions made during the Uruguay Round trade negotiations and the filing of antidumping petitions, with particular …
Persistent link: https://www.econbiz.de/10005556458
Economists often use event study methodology to evaluate the impact of new regulations on firms before there is enough data to empirically estimate the effects. This research investigates the degree to which event study methodology can provide useful information in this regard by studying how...
Persistent link: https://www.econbiz.de/10005556466
This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to observe advertisements randomize over the advertised...
Persistent link: https://www.econbiz.de/10005076903
This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market structure in different markets emerges as a consequence of...
Persistent link: https://www.econbiz.de/10005134434
Persistent link: https://www.econbiz.de/10005076638
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10005076839