Showing 1 - 10 of 5,919
This paper develops and estimates a structural model of imperfect competition in international markets. The model incorporates a flexible non-linear demand framework with structural price equations. A general conjonctural variation approach is developed to characterize strategic interaction....
Persistent link: https://www.econbiz.de/10005773025
The welfare effects of PTAs are most directly linked to changes in trade prices, i.e., the terms of trade. This paper employs a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of 'non-member' exports to the region. Working with detailed data...
Persistent link: https://www.econbiz.de/10005789012
This paper analyses how European anti-dumping policy under imperfect competition affects firm behaviour and domestic welfare. Our theoretical model is the first to complement the European empirical literature on anti-dumping policy (see Messerlin (1989), Hindley (1988), Tharakan and Waelbroeck...
Persistent link: https://www.econbiz.de/10005791229
In this paper I analyse the incentives for governments and producers to act strategically in imperfectly competitive markets when there is Bertrand competition. Strategic behaviour by governments takes the form of distortions to their environmental policy from the first-best rule of equating...
Persistent link: https://www.econbiz.de/10005792245
We are concerned with trade in transport services (not cabotage but rather international shipping, transport, and related logistical services) and the importance of competition and market structure in the sector. We examine implications of liberalization for profits, trade, and national gains...
Persistent link: https://www.econbiz.de/10005792477
Application of a simple mode! of international trade to analysis of the effects of agricultural tariffs on the welfare of nations shows that a nation producing less than its trade partner is always strictly better off when equilibrium tariffs are imposed than under free trade, which is therefore...
Persistent link: https://www.econbiz.de/10008482033
In this paper a two country new open economy macroeconomics model is applied to analyze both the short-run and the steady state macroeconomic effects of protection. Similar to the traditional Mundell Fleming approach we find that the imposition of a permanent tariff entails a demand diversion...
Persistent link: https://www.econbiz.de/10005427440
E-commerce in physical goods enhances the degree of product market competition but leads also to higher trading costs as goods bought through the internet are shipped individually. Do these features of e-commerce support a case for granting preferential tax treatment to online shopping? This is...
Persistent link: https://www.econbiz.de/10005439954
We analyze the role of imperfect competition in explaining the relationship between temporary surges in trade-volumes and the level of cooperation in trade policy that can be sustained between countries in a repeated game framework. Imperfectly competitive markets are characterized by a mark-up...
Persistent link: https://www.econbiz.de/10005062644
In this Paper we examine the interaction between the different modes of market access commitments in services (cross-border and establishment) market structure, and regulation. In this context, we focus on the impact of improved domestic market access for a foreign service provider on a domestic...
Persistent link: https://www.econbiz.de/10005666679