This dissertation explores the influences of minimum quality standards and of the threat of entry in a vertical product differentiation model. In the first chapter, I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in...

The effect of labour costs on industry profits, employment and labour income is at the heart of the current European debate on industry competitiveness. High wages paid in European countries such as Germany are generally considered harmful for industry profitability. Though, high wages appear...