In this paper we examine optimal strategic trade p[olicy under oligopoly with many home and foreign firms when the firms have different levels of efficiency and where a trade-off exists between the subsidy bill and firms profits. The first-best policy involves a structure of firm specific export...

This paper analyses the scope for collusive behaviour within the context of an international duopoly supergame in which both firms and monopoly labour unions interact strategically.

We examine the endogenous formation of trade blocs when markets are characterized by imperfect competition and governments use import tariffs and export subsidies to alter the strategic interactions between oligopolistic firms. Using a simple model of intra-industry trade between three ex-ante...

This paper presents a new method that estimates the relative seller-concentration of an industry over both domestic and foreign sellers in 14 OECD countries, on the basis of a joint Structure-Performance and Brander-Krugman type model. Results suggest that overall seller-concentration is...

The purpose on this paper is twofold. First, we present an alternative model of agglomeration and trade that displays the main features of the recent economic geography literature while allowing for the derivation of analytical results by means of simple algebra. Second, we show how this...

The conclusions of the 1976 Kemp-Van proposition are shown to be substantially valid even if all tariff vectors, both pre-union and post-union, are optimally chosen.

One of the most notable events of the world economy over the past twenty years has been the phenomenal growth in the number of international economic integration agreements, such as free trade agreements. This paper discusses the roles of “competitive liberalization” by nations’...

Current trade liberalization in Europe has stimulated the theoretical and empirical analysis of the effects of economic integration on industrial location. The aim of this paper is to analyse, both theoretically and empirically, the effects of trade liberalization and market integration in 19th...