The paper explores the effects of economic integration on trade, wages, and welfare when market sizes differ. A duopoly … that, for a wide range of different relative market sizes, integration leads to higher wages, employment, and welfare …. However, where market sizes differ widely, the reduction of trade barriers leads to a reduction of wages, employment, and - in …

skilled and unskilled workers. Due to unionisation, the wage rate in the market for unskilled labour is above the competitive …

. -- general oligopolistic equilibrium ; unionized labor market ; trade liberalization ; income distribution …

. -- general oligopolistic equilibrium ; unionized labor market ; trade liberalization ; income distribution …

This work analyzes the difference between trade policy and competition policy for prices, wages, employment and … impact on the domestic labor market when it is unionized. While competitive policies increase union welfare, imports from a … foreign country reduce it. Competition policy in the presence of national labor unions does not reduce labor market …