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Imperfect competition, state trading and Japan's imports of rice
MacLaren, Donald - 2011
the existing import regime for rice, which is a tariff quota. The conclusions are: first, that, compared with the …-firm Cournot oligopsony/oligopoly that acts as the counterfactual. Using Japanese market price and quantity data for rice, and … counterfactual, an importing state trading enterprise acts like a tariff by restricting imports; and second, the current import …
Persistent link: https://www.econbiz.de/10010332287
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The effects of quotas on vertical intra-industry trade
Lutz, Stefan Heinz Hermann - 2002
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...
Persistent link: https://www.econbiz.de/10010519051
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The effects of quotas on vertical intra-industry trade
Lutz, Stefan H. - 2002
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...
Persistent link: https://www.econbiz.de/10011447628
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Welfare Gains from Trade in Multi-Sector Models : The Role of Aggregation and Income Elasticities
Yilmazkuday, Hakan - 2019
Sectoral heterogeneity has been shown to affect country-level welfare gains from trade that can be calculated by sector-specific trade elasticities and home expenditure shares. However, empirical analyses of multi-sector models are restricted to a limited number of countries and sectors, mostly...
Persistent link: https://www.econbiz.de/10012900060
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Optimal tariffs, retaliation and the welfare loss from tariff wars in the Melitz model
Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - 2011
This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition and firm heterogeneity in general equilibrium, thereby extending the small-country results of Demidova and Rodriguez-Clare (JIE, 2009) and the homogeneous firms framework of Gros...
Persistent link: https://www.econbiz.de/10009130204
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Estimating the gains from trade in frictional local labor markets
Pupato, Germàn; Sand, Ben; Tschopp, Jeanne - 2019
We develop a theory and an empirical strategy to estimate the welfare gains of economic integration in economies with frictional local labor markets. The model yields a welfare formula that nests previous results in the literature and features an additional adjustment margin, via the employment...
Persistent link: https://www.econbiz.de/10012145191
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Industry Concentration and Strategic Trade Policy in Successive Oligopoly
Nese, Gjermund; Straume, Odd Rune - 2021
We study a policy game between exporting and importing countries in vertically linked industries. In a successive international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between exporting and importing countries, and horizontally,...
Persistent link: https://www.econbiz.de/10013318612
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Parallel imports and repair services
Ishikawa, Jota; Morita, Hodaka; Mukunoki, Hiroshi - 2018
This study explores the effect of parallel imports (PIs) when the producer may discriminate repair and maintenance services against PI units. This service discrimination weakens intrabrand competition and reduces the degree of price convergence between countries. If the producer makes costly...
Persistent link: https://www.econbiz.de/10011789003
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Unilateral carbon pricing and heterogeneous firms
Sogalla, Robin - 2023
Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as...
Persistent link: https://www.econbiz.de/10014438443
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Unemployment and the Welfare Effects of Trade Policy
Kreickemeier, Udo - 2005
In this paper the welfare effects of tariffs and import quotas in the presence of involuntary unemployment are derived … cases, the labour intensity of the import-competing sectors turns out to be a crucial variable for deriving the welfare …
Persistent link: https://www.econbiz.de/10014067339