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We examine interaction between trade in goods and market power in domestic trade and distribution, developing a model that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade, one supported by econometrics involving import patterns...
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We extend structural gravity models of bilateral trade flows to oligopolistic competition. We show that conventional gravity estimates do not only reflect trade costs but also market power. Our simple estimation procedure generalizes the standard gravity model and disentangles exogenous trade...
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This study shows an overview about investigations in the field of mergers and acquisitions of agribusiness companies (milk and sugar) and examines the trade off effect between efficiency gains on business level and dangers for competition policy. The study underlines relevant results of mergers...
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This paper addresses the reduction of market failure under imperfect competition. It proposes a tax-scheme that provides firms with an incentive to forgo their market power: Firms optimize after-tax profits. Now simply consider a firm's gross profit margin the unique tax-rate it is charged on...
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