In the strategic trade policy literature, the firms typically make positive profits at equilibrium policy levels. We show that this is not always true when firms from the developed (North) and developing (South) countries compete in the Northern market. In particular, the South firm may be...

Dutch Abstract: Deze oratie van hoogleraar Edwin Woerdman, uitgesproken op 26 maart 2019 aan de Rijksuniversiteit Groningen, bevat diverse hypothesen. Een nationale CO2-heffing bovenop het Europese emissiehandelssysteem leidt ertoe dat de samenleving straks meer betaalt voor emissiereducties die...

Globalisation is a highly controversial topic. Despite its potential for accelerating growth and reducing poverty (to which most policy makers and economist would agree) objections are often expressed about the position of developing countries, and a number of damaging side-effects of the...