This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated … goods. We show that welfare is a U-shaped function in the transport cost as long as trade occurs in equilibrium. With a … Cournot duopoly trade can reduce welfare compared to autarchy for any degree of product differentiation. Under Bertrand …

Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish … imports of bottled water to investigate whether transport cost losses from trade outweigh the partial equilibrium gains from … trade (stronger competition and more brands to choose from). Using monthly data for all brands sold in stores during 1998 …

. Yet standards may also have a positive side, such as certifying product quality and safety for the consumer. This paper …

This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both …-South) trade explanation for increasing relative wage inequality. A global reduction in trade barriers increases R&D investment and … upgrading, if and only if R&D is the skill-intensive activity relative to manufacturing of final products. Trade liberalization …

model of trade and location. More specifically, we introduce horizontal and vertical multi-region firms into the core … effects found in the CP model by making the range of trade costs for which the core-periphery equilibrium occurs smaller. The …

stemming from terms-of-trade improvements and reduced dependence on subsidized and protected industries. The paper also …

We analyze an oligopoly model in which differentiated criminal organizations globally compete on criminal activities …