trade under oligopoly. A hard Brexit where the UK trades according to WTO rules is shown to decrease total UK welfare, to … trade for the UK is shown to decrease total UK welfare, to increase total EU27 welfare, and to increase total welfare in the … rest of the world. A free trade agreement with the rest of the world rather than the EU27 will be beneficial, ceteris …

, if the foreign firm had the initial cost advantage! -- vertical product differentiation ; oligopoly ; trade ; quality … costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the present of an initial cost advantage of the domestic firm …

Mis-match of trade statistics between developed and developing countries indicate a substantial mis-invoicing of trade … circumstances. -- Import tariff ; under-invoicing ; Cournot oligopoly …

In a two-country general oligopolistic equilibrium model, I study how cross-sector strategic trade policy affects wages …, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade …

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure … and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the … present levels of trade costs merger policy is too tough in the vast majority of sectors. We also quantify the resulting …

In this paper we examine how trade liberalization affects collusive stability in the context of multimarket … across markets to sustain their most collusive outcome. We find that, when goods are very close substitutes and trade costs … are sufficiently high, trade liberalization facilitates collusion. Exactly the opposite is true if, for any given degree …

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …

This paper studies the impact of market power on international commodity prices. I use a standard oligopoly model and …

costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the presence of an initial cost advantage of the domestic … firm, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce …

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure … and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the … present levels of trade costs merger policy is too tough in the vast majority of sectors. We also quantify the resulting …