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Crop failures and export tariffs
Baake, Pio; Huck, Steffen - Abteilung "Ökonomik des Wandels", Wissenschaftszentrum … - 2013
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power … on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect … domestic food prices. Our first result is that export tariffs are strategic complements and that for poor harvests equilibrium …
Persistent link: https://www.econbiz.de/10010983239
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Crop Failures and Export Tariffs
Baake, Pio; Huck, Steffen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power … on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect … domestic food prices. Our first results is that export tariffs are strategic complements and that for poor harvests equilibrium …
Persistent link: https://www.econbiz.de/10010896190
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Monopolistic Competition vs Oligopoly in the "Large Economy": How Much Is Difference?
Zhelobodko, E.; Sidorov, A.; Thisse, J.-F. - In: Journal of the New Economic Association 19 (2013) 3, pp. 10-26
The paper studies a market of horizontally differentiated good under increasing return to scale and exogenous number of firms. Three concepts of equilibria are compared: Cournot, Bertrand and monopolistic competition. Under fairly general assumptions on consumer's preferences, it is shown that...
Persistent link: https://www.econbiz.de/10010839455
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Strategic Trade Policy in General Oligopolistic Equilibrium
Colacicco, Rudy - FIW - 2013
In a two-country general oligopolistic equilibrium model, I study how cross-sector strategic trade policy affects wages, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade, cross-sector protectionism generates a...
Persistent link: https://www.econbiz.de/10010856776
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Merger, Product Differentiation, and Trade Policy
Cavagnac, Michel; Cheikbossian, Guillaume - Laboratoire d'Économie des Ressources Naturelles … - 2013
of an international oligopoly game with differentiated products and in a strategic trade policy environment. In contrast …
Persistent link: https://www.econbiz.de/10010905661
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Merger, Product Differentiation, and Trade Policy
Cavagnac, Michel; Cheikbossian, Guillaume - Toulouse School of Economics (TSE) - 2013
of an international oligopoly game with differentiated products and in a strategic trade policy environment. In contrast …
Persistent link: https://www.econbiz.de/10010944639
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Trade Policy, Mergers, and Product Differentiation
Cavagnac, Michel; Cheikbossian, Guillaume - In: Journal of Institutional and Theoretical Economics (JITE) 171 (2015) 2, pp. 330-354
We analyze the welfare effects of mergers in a strategic trade-policy environment. A merger in one country changes the strategic behavior of all firms in the markets, which in turn modifies the strategic interaction between governments in the policy game. Consequently, the results strongly...
Persistent link: https://www.econbiz.de/10011272938
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International Competition in Vertically Differentiated Markets with Innovation and Imitation: Trade Policy versus Free Trade
Kovac, Eugen; Zigic, Kresimir - Center for Economic Research and Graduate Education and … - 2007
The important characteristic of international competition between developed and less developed countries is vertical product differentiation, where firms' quality choices represent strategic decisions. Unlike the previous literature, we allow for a leadership in quality choice and the...
Persistent link: https://www.econbiz.de/10005086629
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Endogenous Growth and South-North Trade
Goo, Youngwan; Lee, Seonghoon - In: Journal of Economic Integration 17 (2002), pp. 554-569
In this article, we develop an endogenous growth model to analyze the impact of knowledge spillovers, the disparity in initial endowments and production technologies on economic growth of two trading regions. We found that the growth rates of technology development of the two regions become...
Persistent link: https://www.econbiz.de/10010840683
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Technology licensing in mixed oligopoly
Chen, Yi-Wen; Yang, Ya-Po; Wang, Leonard F.S.; Wu, Shih-Jye - In: International Review of Economics & Finance 31 (2014) C, pp. 193-204
We develop a mixed oligopoly model with one public firm and two private firms to explore the licensing strategy …
Persistent link: https://www.econbiz.de/10010753275