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Parallel imports, product innovation and market structures

Hwang, Hong; Peng, Cheng-Hau; Shih, Pei-Cyuan - In: International Review of Economics & Finance 34 (2014) C, pp. 237-245

This paper sets up a two-country model in which there is one domestic manufacturer authorizing its product to a distributor in a foreign country to investigate the effect of parallel imports (PI) on product innovation of the former. The distributor can sell the product not only to its own market...

Persistent link: https://www.econbiz.de/10011077040

Importer-specific elasticities of demand: Evidence from U.S. exports

Yilmazkuday, Hakan - In: International Review of Economics & Finance 35 (2015) C, pp. 228-234

an international trade context. Evidence from U.S. exports supports this view by suggesting that the elasticity of demand … overestimate the gains from reducing trade costs with developed or distant countries and underestimate them with developing or …

Persistent link: https://www.econbiz.de/10011077057

The price disparity analysis revisited: An application to pork imports in Japan

Onji, Kazuki - In: Journal of the Japanese and International Economies 34 (2014) C, pp. 1-23

The effect of tariff evasion on price formations is relevant in understanding the welfare consequence of illicit trades. Previous empirical studies demonstrate that tax evasion reduces the effects of tariffs on equilibrium prices, but admit an alternative explanation: traders bore the incidence....

Persistent link: https://www.econbiz.de/10011077358

Positive welfare effects of trade barriers in a dynamic partial equilibrium model

Tuinstra, Jan; Wegener, Michael; Westerhoff, Frank - In: Journal of Economic Dynamics and Control 48 (2014) C, pp. 246-264

, possibly non-zero, trade barriers. A pure comparative statics analysis of our model suggests that a reduction of trade barriers … nonlinear trade interactions between two regions may generate endogenous price fluctuations which can hamper welfare. Finally … of trade barriers. Our model predicts that time-varying trade barriers may be another channel for market instability. …

Persistent link: https://www.econbiz.de/10011077517

Measuring China’s trade liberalization: A generalized measure of trade restrictiveness index

Chen, Bo; Ma, Hong; Xu, Yuan - In: Journal of Comparative Economics 42 (2014) 4, pp. 994-1006

, we propose a generalized trade restrictiveness index (GTRI) that extends Feenstra’s (1995) tariff restrictiveness index … trade restrictiveness has evolved in China from 1997 to 2008, the period in which China entered the WTO. The GTRI indicates … negative correlation between tariffs and product export supply elasticity, indicating that strategic trade policy was being …

Persistent link: https://www.econbiz.de/10011077637

THE US-EU RELATION. COMPETITION OR COOPERATION

CUCIURIANU, Mădălina Laura - In: SEA - Practical Application of Science (2014) 5, pp. 275-280

The United States and the European Union are considered, by the analysts, to be the most strategic partners in the international system nowadays. Because of their common interests, these two world powers are in constant competition and cooperation. For this reason, this paper emphasizes the most...

Persistent link: https://www.econbiz.de/10011079748

CURRENT TRENDS IN THE FOREIGN TRADE

LUCA, Florin Alexandru; VODĂ, Ana Iolanda; FILIPEANU, … - In: SEA - Practical Application of Science (2014) 5, pp. 393-400

In this article, we aim at highlighting the benefits of international trade on economic growth and development. In the … first part of the paper, we will outline the seminal theories in the doctrine of international trade. In the second part, we …

Persistent link: https://www.econbiz.de/10011079750

Integration, Disintegration and Trade in Europe : Evolution of Trade Relations during the 1990s

Fidrmuc, J.; Fidrmuc, J. - Tilburg University, Center for Economic Research - 2000

The gravity model of trade is used to assess the economic consequences of new borders, which arose in the wake of break …-ups of multinational federations in Eastern Europe. The intensity of trade relations among the constituent parts of … Czechoslovakia, Soviet Union and the Baltics was very high around the time of disintegration, exceeding the normal level of trade …

Persistent link: https://www.econbiz.de/10011092618

The Dynamics of Revenue-Neutral Trade Liberalization

Ligthart, J.E.; van der Meijden, G.C. - Tilburg University, Center for Economic Research - 2011

utility and the volume of trade fall on impact. Aggregate output rises in the short run, re ecting increased labor supply and … instantaneous utility and the volume of trade increase compared to the pre-reform equilibrium. For a plausible calibration of the …

Persistent link: https://www.econbiz.de/10011092631

A Dynamic Model of Endogenous Mergers and Trade Liberalization

Ray Chaudhuri, A. - Tilburg University, Center for Economic Research - 2008

This paper uses a dynamic dominant-firm model with an endogenous merger process to examine the effects of trade … dominant firm has a sufficiently high pre-merger capital share in any one country, trade liberalization causes the industry to … become significantly more concentrated. When firms are forward-looking, this anti-competitive effect of trade liberalization …

Persistent link: https://www.econbiz.de/10011092835