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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/10010327854
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/10010331156
restrictions and export subsidies prevailing in LDCs. In this paper we focus on the import under-invoicing due to high tariff …
Persistent link: https://www.econbiz.de/10010301359
I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are...
Persistent link: https://www.econbiz.de/10010297292
In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10010298134
I present a model of vertical product differentiation and exit where a domestic and a foreign firm face fixed setup costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality-dependent costs are quadratic in qualities, but independent of the...
Persistent link: https://www.econbiz.de/10010301198
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated …
Persistent link: https://www.econbiz.de/10010320114
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated …
Persistent link: https://www.econbiz.de/10010281461
international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between …
Persistent link: https://www.econbiz.de/10010261165
We study the incentives of oligoplistic firms to share private information on demand parameters. Differently from previous studies, we consider bilateral sharing agreements, by which firms commit at the ex-ante stage to truthfully share information. We show that if signals are i.i.d., then...
Persistent link: https://www.econbiz.de/10010293393