Showing 1 - 10 of 15
We show the welfare effects of international trade cost reduction under endogenous domestic market structure. If the … reduction in the transportation cost does not affect (may reduce) domestic welfare if the products are perfect (imperfect …) substitutes. If the trade cost represents tariff, domestic welfare is higher under a positive non-prohibitive tariff compared to …
Persistent link: https://www.econbiz.de/10008752323
We consider social efficiency of firm-entry in the presence of foreign competition. If the labour markets are competitive, entry is insufficient for the domestic country if the transportation cost is low and the marginal costs of the domestic firms are sufficiently higher than the marginal cost...
Persistent link: https://www.econbiz.de/10010664409
sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an …
Persistent link: https://www.econbiz.de/10010958315
competition. We finally conclude that the intensity of competition and welfare may not have the usual (direct) relationship and … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …
Persistent link: https://www.econbiz.de/10012269594
We propose a model of "trade" between high income and low-income groups where the rich being scared of the spread of infection hires the poor to engage them in exposure-intensive outdoor activities as workers in the household industry. People who endure hardships and sustain exposure to...
Persistent link: https://www.econbiz.de/10013177603
We propose a model of "trade" between high income and low-income groups where the rich being scared of the spread of infection hires the poor to engage them in exposure-intensive outdoor activities as workers in the household industry. People who endure hardships and sustain exposure to...
Persistent link: https://www.econbiz.de/10014000451
Recent empirical evidence shows a negative relationship between international outsourcing and profitability. This paper provides a theoretical explanation for this phenomenon. We show that, in an oligopolistic market, firms earn lower profits in the outsourcing equilibrium compared to the...
Persistent link: https://www.econbiz.de/10005463031
sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an …
Persistent link: https://www.econbiz.de/10010398149
Persistent link: https://www.econbiz.de/10009760694
sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an …
Persistent link: https://www.econbiz.de/10009675753