Showing 1 - 10 of 10,919
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 …We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …
Persistent link: https://www.econbiz.de/10010221824
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 …We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …
Persistent link: https://www.econbiz.de/10010230311
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/10013142327
Welfare with the maximum-revenue tariff is compared to free-trade welfare under perfect competition in the case of a large country able to affect its terms of trade; under Cournot duopoly with differentiated products; and under Bertrand duopoly with differentiated products. Under perfect...
Persistent link: https://www.econbiz.de/10011886117
trade under oligopoly. A hard Brexit where the UK trades according to WTO rules is shown to decrease total UK welfare, to …
Persistent link: https://www.econbiz.de/10011867762
countrywide profits benefit from small import tariffs, whereas the foreign counterpart is hit, but when sectors share the same …
Persistent link: https://www.econbiz.de/10011374297
show that national welfare is an inverted U-shaped function of tariffs. There exists a tariff threshold, below which the …
Persistent link: https://www.econbiz.de/10011438940
firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms …
Persistent link: https://www.econbiz.de/10011506470
We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing here, even though it would not be profitable in a...
Persistent link: https://www.econbiz.de/10011507913
In this paper we examine how trade liberalization affects collusive stability in the context of multimarket interactions. The model we consider is a segmented-markets duopoly in which price-setting firms pool their incentive constraints across markets to sustain their most collusive outcome. We...
Persistent link: https://www.econbiz.de/10013113914