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This paper uses an augmented gravity trade model to examine the impact of Chinese exports to the United States on Latin … America and the Caribbean (LAC) exports to the same market over the last two decades. The analysis relies on a sample of 33 … the impact of Chinese exports on US imports from LAC is negative and statistically significant across model specifications …
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choose their quality level before engaging a price competition. We first show that the indirect effect of the quota on the … for the domestic government reduces the price competition and enable both firms to upgrade to the highest possible quality … level for the benefit of domestic consumers. On the contrary, the foreign firm would prefer a very loose quota that …
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In the economic model that underlies the WTO the only group that can be expected to ask for protection is producers in …
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economic units: consumers, producers and markets. Particular attention will be given the oligopoly, the typical form of the …
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