Partiendo de un modelo de dumping recíproco en el que hay tres países, se analizan los efectos sobre el bienestar derivados de la formación de una unión aduanera cuando los países disponen de un instrumento adicional de política como son los subsidios a la producción. La introducción de...

The effects of tariff wars on welfare are analysed for the case of trade between two countries with fixed outputs of the traded good. Assuming mild conditions, it is shown that if there are non-zero tariffs for which welfare-maximizing equilibrium holds, then free trade is not strictly...

The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it does not include most market firms....

The purpose of this paper is to analyse the effects of economic integration among countries on firms investment decisions when such decisions are taken strategically. It is shown that, in this context, the traditional tariff jumping argument is not always applicable and that localisation...

By employing a simple mixed international oligopoly model in which countries can set discriminatory tariffs, this paper analyzes the effects on the relevant variables of both, privatization and regional integration processes. Particularly, from a theoretical point of view, it is justified the...

The purpose of this paper is to analyze the effects of trade liberalization on firm’s merger incentives in a mixed oligopoly model. Concretely, it is proved that mergers, both national and international, are compatible with the processes of trade liberalization and partial privatization of...

Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...

Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...