Zusammenfassung Die Theorie und Politik der Außenwirtschaft unterliegt seit geraumer Zeit einem Wandel und einer Annäherung an die Realität. Sie wurde im 18. und 19. Jahrhundert für den Güterhandel und auf der Grundlage der Produktionstheorie (Faktorverfügbarkeit, Faktorintensität,...

Strategic trade theory offers a way of conceptualizing and testing for strategic government interventions in imperfectly competitive international markets. This survey critically assesses recent empirical evidence, with a focus on food and agricultural markets. One finding is that while many...

Purpose – To draw management and scholarly attention to two missing capabilities in a knowledge management program: segmentation capability and destruction capability. Design/methodology/approach – An opinion paper based on consulting and research experiences of the authors. Findings –...

Purpose – The purpose of this paper is to explain how eventual pressures from national lobbies may lead governments to shift from an optimal into a non‐optimal innovation policy. Design/methodology/approach – A theoretical model is developed in order to examine and explain the growth and...

Demonstrates the implications of imperfect substitutability between domestic and imported final goods for the determination of second‐best ominal and effective tariffs in a general equilibrium setting. The analysis of second‐best interventions for given policy distortions extends that by...

Some recent research has reported results more favourable to long‐run purchasing‐power parity (PPP) for exchange rates within the European Monetary System (EMS) than for those outside it. This is inconsistent with the predictions of theories that regard the EMS as a means of acquiring...

Examines the impact of the sugar tariff‐rate import quota programme on the United States economy. Uses a computable general equilibrium model composed of 14 producing sectors, 14 consuming sectors, six household categories classified by fincome, and a government. Examines the effects of...

A recurrent concern of researchers who measure the cost of protection is that welfare estimates based on models with highly aggregated sectors of the economy in question will understate the true cost of protection if the tariff system is not uniform. Uses the 1988 tariff schedule of the US and a...