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Indirect network effects exist when the utility of consumers is increasing in the variety of complementary products available for use with an electronic hardware device. In this paper, we examine how trade liberalization affects production structure in the presence of indirect network effects....
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Indirect network effects exist when the utility of consumers is increasing in the variety of complementary software products available for use with an electronic hardware device. In this study, we examine how trade liberalization affects production structure in the presence of indirect network...
Persistent link: https://www.econbiz.de/10005260183
This paper formulates a two-country by two-factor by two-good dynamic Chamberlin-Heckscher-Ohlin model of international trade with endogenous time preferences. After proving the existence, uniqueness and local saddle-point stability of the steady state, we examine the relationship between...
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The main purpose of this study is to illustrate, with simple trade theory, the relationship between competing industrial standards and trade liberalization. We assume that there are two competing industrial standards in an international context, each of which applies to a group of differentiated...
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