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In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly …
Persistent link: https://www.econbiz.de/10012477861
In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly …
Persistent link: https://www.econbiz.de/10013227224
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In a framework of a unionised international Bertrand duopoly with differentiated products, this paper analyses national labour market interdependencies and the consequences of trade liberalisation for union wages. The analysis suggests that national wages are likely to be strategic complements...
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