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The pro-competitive effects of international trade in the presence of monopoly, and the deleterious effects of protection, are topics commonly taught in both international trade and industrial organization classes. We present a numerical simulation model for classroom use, built in Excel, that...
Persistent link: https://www.econbiz.de/10014613575
Abstract This paper presents a two-country intra-industry trade model with bilateral ad valorem tariffs and fixed …. However, the sum of available home and foreign varieties increases for small tariffs. Firm profits are falling in both tariff … effect for the tariff. Welfare falls when fixed export costs increase and increases for small tariffs and falls for large …
Persistent link: https://www.econbiz.de/10014586810
tariffs. With a tariff, the home government can affect the timing of entry to ensure that the domestic firm moves first at the …
Persistent link: https://www.econbiz.de/10014586812
with a reliance on tariffs over subsidies. We find that the existing theoretical literature is consistent with the cross …
Persistent link: https://www.econbiz.de/10014586827
practices free trade, low home tariffs yield international mergers irrespective of the substitutability levels. By contrast …, when foreign tariffs are sufficiently high and products are close substitutes, national mergers obtain in the equilibrium …. Unlike this asymmetric result of unilateral trade liberalization, we find that when bilateral tariffs are sufficiently low …
Persistent link: https://www.econbiz.de/10014586878
This paper presents a two-country intra-industry trade model with bilateral ad valorem tariffs and fixed export costs …, the sum of available home and foreign varieties increases for small tariffs. Firm profits are falling in both tariff and … the tariff. Welfare falls when fixed export costs increase and increases for small tariffs and falls for large tariffs, i …
Persistent link: https://www.econbiz.de/10014587539
world welfare. We show that administrative delays are less efficient instruments for maximizing home welfare than tariffs …
Persistent link: https://www.econbiz.de/10014587541
tariffs over subsidies. We find that the existing theoretical literature is consistent with the cross-country evidence.  …
Persistent link: https://www.econbiz.de/10014587556
to be important determinants of industry markups, we find that country size affects the impact of tariffs and domestic …
Persistent link: https://www.econbiz.de/10014588456
One of the most direct methods of exposing corruption in corporate or public institutions is whistleblowing. Quite a … structural inertia in dealing with corruption cases. In this article, the author argues that Nigeria can benefit from the …
Persistent link: https://www.econbiz.de/10012043612