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The outcome of trade policies to increase access for foreign firms to the home country's market is shown to be sensitive to the implementation procedure used. The importance of the timing of moves between government and firms is highlighted by focusing on taxes and subsidies to implement minimum...
Persistent link: https://www.econbiz.de/10012473255
This paper is a selective survey of the work on the effects of export restraints with imperfect competition. Although there are a number of excellent surveys of strategic trade theory as a whole. not much attention is paid in these to the effects of export restraints per se. The large and...
Persistent link: https://www.econbiz.de/10012475793
This paper has two aims. First, to examine alternative ways of modeling VERS in imperfectly competitive markets. This is important, since the. effects of VERS are sensitive to the models used. Second, to argue that the effects of VERS also depend on whether goods are complements or Substitutes....
Persistent link: https://www.econbiz.de/10012476456