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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

Profit Shifting and Trade Agreements in Imperfectly Competitive Markets

Bagwell, Kyle - 2009

When markets are imperfectly competitive, trade policies can alter the terms of trade, shift profits from one country to another, and moderate or exacerbate existing distortions that are associated with the presence of monopoly power. In light of the various ways in which trade policies may...

Persistent link: https://www.econbiz.de/10012463844

Comparative Advantage and Optimal Trade Policy

Costinot, Arnaud - 2013

The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its …

Persistent link: https://www.econbiz.de/10012458973

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

Free Trade vs. Strategic Trade : A Peek into Pandora's Box

Grossman, Gene M. - 1997

We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity to manipulate the government's choice of the level of" intervention. Domestic firms may overinvest...

Persistent link: https://www.econbiz.de/10012472599

Rent-Shifting Export Subsidies with an Imported Intermediate Product

Ishikawa, Jota - 1996

This paper argues that export subsidies aimed at shifting rents from foreign to domestic producers of a final good may also serve to shift rents to foreign firms supplying an intermediate good, weakening the incentive for the subsidy. By contrast, assuming Cournot competition for both the final...

Persistent link: https://www.econbiz.de/10012473404

GATT-Think

Bagwell, Kyle - 2000

We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion … review therefore offers support for the (politically-augmented) terms-of-trade theory as an appropriate framework within …

Persistent link: https://www.econbiz.de/10012470726

Reciprocity, Non-discrimination and Preferential Agreements in the Multilateral Trading System

Bagwell, Kyle - 1997

and non-discrimination, the two principles that are the pillars of the multi- lateral trading system as embodied in GATT and its successor, the WTO. We show that GATT's principle of reciprocity serves to neutralize the world-price effects of a country's trade policy decisions, and hence can...

Persistent link: https://www.econbiz.de/10012472892

Empirical studies of strategic trade policy

Krugman, Paul R. (ed.); Smith, Alasdair (ed.) - 1994

Persistent link: https://www.econbiz.de/10000349256

Beyond Testing : Empirical Models of Insurance Markets

Einav, Liran - 2009

We describe recent advances in the empirical analysis of insurance markets. This new research proposes ways to estimate individual demand for insurance and the relationship between prices and insurer costs in the presence of adverse and advantageous selection. We discuss how these models permit...

Persistent link: https://www.econbiz.de/10012463408

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