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true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve …
Persistent link: https://www.econbiz.de/10011256452
is necessary to increase expenditure on R&D for business enterprises and higher education, exports and technology. If the …
Persistent link: https://www.econbiz.de/10011255716
Is there a case to be made for preferential treatment of the exposed sector in an economy when compliance to an aggregate emissions constraint induced by an international environmental agreement is mandatory? This question is being debated in many countries, including The Netherlands, in the...
Persistent link: https://www.econbiz.de/10011255504
Division of labor models have become a standard analytical tool, along withcompetitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical...
Persistent link: https://www.econbiz.de/10011255549
By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we test two implications of Neary’s (2003, 2007) general oligopolistic equilibrium (GOLE) model (incorporating strategic interaction between firms in a general equilibrium...
Persistent link: https://www.econbiz.de/10011255575
We examine interaction between trade in goods and market power in domestic trade and distribution, developing a model that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade, one supported by econometrics involving import patterns...
Persistent link: https://www.econbiz.de/10011255600
We study the optimal trade policy against a foreign oligopoly withendogenous quality. We show that, under the Most … low-quality product and a tax onhigh-quality one. Another example of such a nonuniform tariff policyis a Regional Trade … Agreement (RTA). We show that, if a welfareimprovement is possible through a RTA, it is always with the low-quality producing …
Persistent link: https://www.econbiz.de/10011255929
of R&D costs of quality development and the foreign country is relatively larger andendowed with a relatively higher … good of higher quality thanthe domestic firm. This equilibrium is characterized by unilateral dumping by the foreignfirm … to a quality reversalin the international market, which gives a rationale for the domestic government to enact ADlaw. We …
Persistent link: https://www.econbiz.de/10011256059
We build a simple theoretical model to understand why developing and transition economieshave increasingly applied anti-dumping laws. To that end, we investigate the strategic incentivesof oligopolistic exporting firms to undertake dumping in these economies. We show that dumpingmay be due to...
Persistent link: https://www.econbiz.de/10011256083
. Based on a comparison of low-quality and high-quality prices, only unilateral dumping by the low-quality firm obtains. By … contrast, the standard WTO definition leads to either reciprocal or unilateral dumping by the high-quality firm, depending on …
Persistent link: https://www.econbiz.de/10011256182