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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
We consider an international cartel whose members interact repeatedly in their own as well as in third-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by the cartel’s incentive compatibility constraint (ICC),...
Persistent link: https://www.econbiz.de/10012287796
Persistent link: https://www.econbiz.de/10002772023
converted into equivalent tariffs and further, reduced over time. However each member country has the authority to choose the … tariff types when it converts NTBs to tariffs such as ad valorem tariff and specific tariff. The paper tries to find the … achieve this goal, the paper analyses the effects of tariffication of a fixed quota into tariffs on price, trade and welfare …
Persistent link: https://www.econbiz.de/10012942570
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This paper adds to the literature on transboundary pollution by considering pollution related to both production and consumption activities. In particular, we consider a symmetric strategic two firm-two country game model with bilateral trade and transboundary pollution to analyze the effects of...
Persistent link: https://www.econbiz.de/10014366060
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10003935376
labour costs overseas and that it offers a means to ‘escape’ the power of unions. We develop an oligopoly model in which … ; Oligopoly …
Persistent link: https://www.econbiz.de/10003941026
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10003923568