Kabiraj, Tarun; Roy, Soma - In: Journal of Economic Integration 21 (2006), pp. 273-293
In a model of vertical product differentiation we study the impact of liberalization on the choice of the product … quality of a local monopolist. We show that under liberalization as one foreign firm enters with a superior quality, the local … the local firm goes up, its quality choice responds more under liberalization than under protection. However, its market …