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Strategic Trade, Competitive Industries and Agricultural Trade Disputes
Bagwell, Kyle - 2000
The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the … theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …
Persistent link: https://www.econbiz.de/10012470921
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Can Subsidies for MARs be Procompetitive?
Krishna, Kala - 2000
In contrast to recent literature, we show that market access requirements (MARs) can be implemented in a procompetitive manner even in the absence of threats in related markets. By focusing on subsidies that are paid only when the requirement is met, we show that a MAR can increase aggregate...
Persistent link: https://www.econbiz.de/10012471147
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If at First You Don't Succeed... : Profits, Prices and Market Structure in a Model of Quality with Unknowable Consumer Heterogeneity
Krishna, Kala - 2000
Why are higher quality niches seen as intrinsically more profitable in business circles? Why do high quality products sometimes have a low real price, while it is unusual to see low quality products with high real prices? Can markets have quality differentiation as well as quality bunching? In...
Persistent link: https://www.econbiz.de/10012471282
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Content Protection and Oligopolistic Interactions
Krishna, Kala - 1986
In oligopolistic situations content protection can have unexpected effects as it changes the nature of interactions between input suppliers. With a duoply, it does so in a manner that makes the foreign firm wish to match price increases and decreases of the domestic firm. Domestic input...
Persistent link: https://www.econbiz.de/10012477233
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Trade Restrictions as Facilitating Practices
Krishna, Kala - 1985
This paper deals with the effect of trade restrictions on competition in oligopolistic markets. Quantitative restrictions, such as VER's (Voluntary Export Restrictions) are shown to affect the extent to which foreign firms can compete in the domestic market, and hence to raise the equilibrium...
Persistent link: https://www.econbiz.de/10012477540
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Protection and the Product Line : Monopoly and Product Quality
Krishna, Kala - 1985
Thereare three points made in this paper. The first is that the question concerning choice of a product line by a monopolist is similar in structure to other adverse selection problems -- and can be analyzed in an elementary way by adapting techniques recently developed for such problems. Such...
Persistent link: https://www.econbiz.de/10012477549
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Limiting Emissions and Trade : Some Basic Ideas
Krishna, Kala - 2010
The computable general equilibrium models used in the literature tend to be a bit of a black box. This paper provides some intuition behind what goes on in these black boxes by laying out a simple general equilibrium model and intuitively explaining what lies behind the demand for emissions. It...
Persistent link: https://www.econbiz.de/10012462509
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International Trade and Domestic Regulation
Staiger, Robert W. - 2009
Existing formal models of the relationship between trade policy and regulatory policy suggest the potential for a regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations. This paper bridges the gap between the existing formal...
Persistent link: https://www.econbiz.de/10012463108
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Breach, Remedies and Dispute Settlement in Trade Agreements
Maggi, Giovanni - 2009
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy for breach and whether the agreement should be structured as a system of "property rights" or...
Persistent link: https://www.econbiz.de/10012463189
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Delocation and Trade Agreements in Imperfectly Competitive Markets
Bagwell, Kyle - 2009
results therefore indicate that the terms-of-trade theory of trade agreements applies to a broader set of market structures …
Persistent link: https://www.econbiz.de/10012463205