We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

We develop a theory of economic disintegration with both endogenously formed tax and trade policies. We show very generally that, contrary to conventional wisdom, a country’s disintegration from an integrated area leads to a deeper integration inside the area. Similarly, the departure of a...

Este trabalho analisa a inserção brasileira no mercado internacional de pedraspreciosas, um setor de grande importância para o País, embora ainda pouco estudado. Ametodologia escolhida consiste no cálculo de alguns indicadores de competitividadeinternacional, capazes de evidenciar os...