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International Trade Aspects of Competition Policy

Nagaoka, Sadao - 1998

Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...

Persistent link: https://www.econbiz.de/10012472092

Geopolitics and the World Trading System

Mattoo, Aaditya; Ruta, Michele; Staiger, Robert W. - National Bureau of Economic Research - 2024

Until the beginning of this century, the GATT/WTO system worked. Economic research provided a compelling explanation. It showed that if governments maximize the well-being of their own countries broadly defined, GATT/WTO principles would facilitate mutually beneficial cooperation over their...

Persistent link: https://www.econbiz.de/10015171695

US Trade and Wages : The Misleading Implications of Conventional Trade Theory

Edwards, Lawrence - 2010

Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …

Persistent link: https://www.econbiz.de/10012462550

Competition Policy and International Trade

Levinsohn, James - 1994

-trust) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial … organization literature, this work has a schizophrenic quality to it. One of the insights that motivated the new trade theory was … competition between firms. While trade theorists have borrowed heavily from the theory of industrial organization, they seem to …

Persistent link: https://www.econbiz.de/10012473927

Explaining Japan's Innovation and Trade : A model of Quality Competition and Dynamic Comparive Advantage

Grossman, Gene M. - 1989

In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two countries devote resources to R&D in order to improve the quality of high-technology products. Research successes generate profit opportunities in the world market. The model...

Persistent link: https://www.econbiz.de/10012475843

Rise and Fall of Empires in the Industrial Era : A Story of Shifting Comparative Advantages

Bonfatti, Roberto; Coşar, Kerem - National Bureau of Economic Research - 2022

The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During...

Persistent link: https://www.econbiz.de/10013334512

The Exchange Rate as an Industrial Policy

Ottonello, Pablo; Perez, Diego J.; Witheridge, William - National Bureau of Economic Research - 2024

We study the role of exchange rates in industrial policy. We construct an open-economy macroeconomic framework with production externalities and show that the desirability of these policies critically depends on the dynamic patterns of externalities. When they are stronger in earlier stages of...

Persistent link: https://www.econbiz.de/10014544799

Trade and security

Anderson, James E.; Marcouiller, Douglas - 1997

Persistent link: https://www.econbiz.de/10000642959

Foreign Competition and Innovation

Helpman, Elhanan - National Bureau of Economic Research - 2023

Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this relationship, I examine a market structure in which a small number of large multi-product oligopolists compete with a large number of small single-product firms in the same...

Persistent link: https://www.econbiz.de/10014436971

Trade Policy and Industrial Sector Responses : Using Evolutionary Models to Interpret the Evidence

Erdem, Erkan - 2003

Firm- and plant-level empirical studies typically find that trade liberalization squeezes price-cost margins among import-competing firms, that this heightened competitive pressure induces productivity gains among these same firms, and that further efficiency gains come from market share...

Persistent link: https://www.econbiz.de/10012468750