Showing 1 - 10 of 183
In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality … and price in two segmented markets. Minimum quality standards, set uniformly or according to the principle of Mutual …
Persistent link: https://www.econbiz.de/10010840726
This paper examines the effect of trade barriers on quality levels in a duopoly model for two countries where products … producers converge in case of market integration i.e. when the trade barrier is reduced. If a common minimum quality standard is … are both vertically and horizontally differentiated. In the absence of quality regulation the producer in the large …
Persistent link: https://www.econbiz.de/10009391994
This paper shows that environmental, labour and other standards can be effective strategic policy instruments even when they are strictly non-discriminatory. This is because standards can be set which the foreign producer optimally chooses not to meet, allowing the domestic producer to...
Persistent link: https://www.econbiz.de/10010840852
We apply a simple method to study the relative quality of Chinese versus European products exported in the clothing … relative export prices and quantities sold in narrowly defined product categories as an indicator of quality shifts. Using UN … China’s moving up the quality ladder in its clothing exports relative to the EU. While European core products in clothing …
Persistent link: https://www.econbiz.de/10010991716
choosing open-loop or closed-loop trade policies. In a simple two-period Bertrand duopoly model, it is shown that all subgame …
Persistent link: https://www.econbiz.de/10010840737
We examine home country tariff and subsidy policies when a domestic firm uses an imported key input to produce its low-quality … exports, and foreign firms produce high-quality exports as well as the key input. We show that the deci - sions of foreign … vertically integrated firms on strategy regarding input supply depend on the tarif f-inclusive and quality-adjusted comparative …
Persistent link: https://www.econbiz.de/10010840774
A model of strategic trade policy under integrated markets is presented and optimal trade policies are derived under … policy is an import tariff (export subsidy) when a coun - try is a net importer (exporter). In the Nash equilibrium in trade …. The introduction of incomplete information about costs adds an incentive for both governments to use their trade policy as …
Persistent link: https://www.econbiz.de/10010840716
We study the effect of anti-dumping laws in a differentiated products quanti - ty-setting oligopoly. Dumping may or may … country to have an incentive to deviate unilaterally from free trade in the presence of anti-dumping laws. We show that …
Persistent link: https://www.econbiz.de/10010840742
Preferential trade agreements (PTAs) usually result in increased trade amongst member countries and lower prices within … level trade data from the EEC we show that the formation of a PTA may increase the market power of PTA-exporters and lower …
Persistent link: https://www.econbiz.de/10009366252
between technology development and intermediate inputs. Trade in intermediate goods and knowledge spillovers improve welfare …
Persistent link: https://www.econbiz.de/10010840683