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Free Trade vs. Strategic Trade : A Peek into Pandora's Box
Grossman, Gene M. - 1997
We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity to manipulate the government's choice of the level of" intervention. Domestic firms may overinvest...
Persistent link: https://www.econbiz.de/10012472599
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International R&D Rivalry and Industrial Strategy
Spencer, Barbara J. - 1983
This paper presents a theory of government intervention which provides an explanation for "industrial strategy …
Persistent link: https://www.econbiz.de/10012477907
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Oligopoly in International Trade : Rise, Fall and Resurgence
Head, Keith - 2017
1980s. Subsequent literature for the most part kept imperfect competition but jettisoned oligopoly. Instead, as the …. The use of oligopoly in trade models has been criticized for reasons that we argue are unpersuasive. Renewed incorporation …
Persistent link: https://www.econbiz.de/10012453991
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Allocative Efficiency, Mark-ups, and the Welfare Gains from Trade
Holmes, Thomas J. - 2013
determines how changes in trade frictions affect allocative efficiency in an oligopoly model of international trade, decomposing …
Persistent link: https://www.econbiz.de/10012459387
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A New Metric for Banking Integration in Europe
Gropp, Reint - 2009
Most observers have concluded that while money markets and government bond markets are rapidly integrating following the introduction of the common currency in the euro area, there is little evidence that a similar integration process is taking place for retail banking. Data on cross-border...
Persistent link: https://www.econbiz.de/10012463912
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Patent Rights, Product Market Reforms, and Innovation
Aghion, Philippe - 2013
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of...
Persistent link: https://www.econbiz.de/10012459807
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Industrial Organization and International Trade
Krugman, Paul - 1986
Persistent link: https://www.econbiz.de/10012477115
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Patterns of Skill Premia
Acemoglu, Daron - 1999
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10012471782
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Strategic Trade, Competitive Industries and Agricultural Trade Disputes
Bagwell, Kyle - 2000
The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the … theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …
Persistent link: https://www.econbiz.de/10012470921
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Strategic Trade Policy with Endogenous Choice of Quality and Asymmetric Costs
Zhou, Dongsheng - 2000
This paper examines the strategic trade policy incentives for investment policies towards quality improvements in a vertically differentiated exporting industry. Firms first compete in qualities and then export to a third country market based on Bertrand or Cournot competition. Optimal policies...
Persistent link: https://www.econbiz.de/10012471239