A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality …) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus …, irrespective of whether the foreign firm produces higher or lower quality. Effects of a quota on industry profits and domestic …

A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality …) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus …, irrespective of whether the foreign firm produces higher or lower quality. Effects of a quota on industry profits and domestic …

In a two-country general oligopolistic equilibrium model, I study how cross-sector strategic trade policy affects wages …, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade …

international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between …

. Owing to this linkage, trade cost reductions induce cartel members to adjust their sales, not only due to direct effects …, but also due to spillover effects related to cartel discipline. We apply these ideas to preferential trade agreements … (PTAs) and show that the indirect effects can give rise to trade diversion. We also characterize the welfare effects of …

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …

market is a Cournot oligopoly. Due to a fixed supply of skilled labor in each country, such foreign direct investment (FDI …

In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete in quality … and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can …' qualities in the previous period determine their costs. In an N-period game, quality standards will in fact lead to convergence …