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The paper develops a two-stage duopoly model to investigate the effects of eliminating subsidies to state trading enterprises (STEs) as discussed in the WTO Doha Development Agenda negotiations on agriculture. Unlike the STE, the private firm may choose to integrate vertically in order to avoid...
Persistent link: https://www.econbiz.de/10012758977
The paper develops a two-stage duopoly model to investigate the effects of the elimination of subsidies to State Trading Enterprises (STEs) as discussed in the WTO Doha Development Agenda negotiations on agriculture. Unlike the STE, the private firm may choose to integrate vertically in order to...
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