Showing 1 - 10 of 30
Persistent link: https://www.econbiz.de/10001443295
We study the procompetive effects of trade policies against a foraign oligopoly in a model of vertical product differentiation. We show that a uniform tariff policy like the Most Favored Nation (MFN) clause is always welfare superior to free trade because of a pure rent-extraction effect....
Persistent link: https://www.econbiz.de/10001626098
We examine an export game where two firms (home and foreign), located in two different countries, produce vertically differentiated products. The foreign firm is the most efficient in terms of R&D costs of quality development and the foreign country is relatively larger and endowed with a...
Persistent link: https://www.econbiz.de/10002542071
Persistent link: https://www.econbiz.de/10002519260
We examine an export game where two firms (home and foreign), located in two different countries, produce vertically differentiated products. The foreign firm is the most efficient in terms of R&D costs of quality development and the foreign country is relatively larger and endowed with a...
Persistent link: https://www.econbiz.de/10002524170
Persistent link: https://www.econbiz.de/10002503553
Persistent link: https://www.econbiz.de/10002460477
Persistent link: https://www.econbiz.de/10002846433
We study the optimal trade policy against a foreign oligopoly with endogenous quality. We show that, under the Most Favoured Nation (MFN) clause, a uniform tariff policy is always welfare improving over the free trade equilibrium. However, a nonuniform tariff policy is always desirable on...
Persistent link: https://www.econbiz.de/10014164179
This paper examines international trade in tainted food and other low-quality products. We first find that for a large class of environments, free trade is the trading system that conveys the highest incentives to produce non-tainted high-quality goods by foreign exporters. However, free trade...
Persistent link: https://www.econbiz.de/10013039187