Showing 1 - 10 of 3,642
up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to … degree of openness and loss aversion of consumers. -- protectionism ; trade liberalization ; short term shocks …
Persistent link: https://www.econbiz.de/10008697408
In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792
We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...
Persistent link: https://www.econbiz.de/10011398023
This paper investigates the contractual choice between exclusive dealing and common agency in a simple international oligopoly model where products are sold through intermediaries. We find that when trade barriers are high domestic firms tend to adopt exclusive dealing contracts, whereas trade...
Persistent link: https://www.econbiz.de/10011402469
We study infant industry protection using a dynamic model in which the industry's cost is initially higher than that of foreign competitors. The industry can stochastically lower its cost via learning by doing. Whether the industry has transitioned to low cost is private information. We use a...
Persistent link: https://www.econbiz.de/10013206084
This paper examines how skill-biased growth can generate economic fragmentation (income disparities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...
Persistent link: https://www.econbiz.de/10012120280
We develop a method to measure the incidence of monopolistic markup distortions in the global economy. Using semi-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup dispersion, and (2) international...
Persistent link: https://www.econbiz.de/10014583781
is a progression from u sing tariffs only to quotas, and to antidumping constraints (when quotas are jointly eliminated …
Persistent link: https://www.econbiz.de/10009781528
This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where … penalty duties. We show that the antidumping framework within GATT/WTO may not only offer the means to pursue strategic trade … optimal strategic trade policy. -- Antidumping duties ; asymmetric information ; trade protection ; strategic trade policy …
Persistent link: https://www.econbiz.de/10003807867
equilibrium is characterized by unilateral dumping by the foreign firm into the domestic economy. Two instruments of anti-dumping … (AD) policy are examined, namely, a price undertaking (PU) and an anti-dumping duty. We show that, when firms ̕cost …
Persistent link: https://www.econbiz.de/10002524170