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We revisit the adoption of voluntary export restraints (VERS) in the differential Cournot game with sticky price and intraindustry trade by Dockner and Haug (1991). The analysis relies on linear and nonlinear feedback strategies, to encompass the special cases considered in Fujiwara (2010) and...
Persistent link: https://www.econbiz.de/10011819288
Many commodities traded internationally are durable in nature. A dynamic durable goods oligopoly trade model is analyzed. The analysis indicates that the pattern of intra-industry trade depends fundamentally on the quality or durability of the firms' output. Also, product durability influences...
Persistent link: https://www.econbiz.de/10014216276
This paper uses a differentiated-good model to study the welfare effects of Regional Integration Arrangements (RIAs). It shows, on the one hand, that an expansion of a regional grouping always unambiguously hurt those that are left out even if the external tariffs of the RIA remain constant. On...
Persistent link: https://www.econbiz.de/10014135933
This paper uses an augmented gravity model to investigate the relevance of the Linder hypothesis in bilateral intra-industry trade in services. Results reveal a qualitatively similar but stronger impact of differences in income and income inequality on intra industry trade compared to total...
Persistent link: https://www.econbiz.de/10014082068
This paper deals with the problem of measuring intra-industry trade. In section 2, it presents two existing approaches (Balboni, 2007) to measuring intra-industry trade: the so-called “recovery of trade”, developed by Balassa (1966); Grubel and Lloyd (1975) & the “type of trade” one...
Persistent link: https://www.econbiz.de/10014083343
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Der internationale Austausch ähnlicher Produkte innerhalb einer Branche ist ein zentrales Merkmal der Globalisierung. Florian W. Bartholomae liefert zunächst eine fundierte Analyse der Determinanten und der historischen Entwicklung dieses sogenannten intra-industriellen Handels sowie der...
Persistent link: https://www.econbiz.de/10014015504
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