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We introduce demand uncertainty into the context of strategic trade policy in an export rivalry market model, and we … bilateral export subsidies, both firms tend to prefer making output decisions after the resolution of uncertainty which yields …
Persistent link: https://www.econbiz.de/10014237069
This paper studies how cross-sector strategic trade policy affects wages, country-wide profits, and welfare. I develop a simple model of two-country continuum-of-sectors general oligopolistic equilibrium. Demands are linear and sectors involve one domestic firm competing on quantity with its...
Persistent link: https://www.econbiz.de/10014040689
We develop a model of Cournot competition between capacity-constrained firms that sell a single good to multiple regions. We provide a novel characterization for the unique equilibrium allocation of the good across regions and design an algorithm to compute it. We show that a reduction in...
Persistent link: https://www.econbiz.de/10014110175
The paper studies a market of horizontally differentiated good under increasing return to scale and exogenous number of firms. Three concepts of equilibria are compared: Cournot, Bertrand and monopolistic competition. Under fairly general assumptions on consumer's preferences, it is shown that...
Persistent link: https://www.econbiz.de/10010839455
analyse the market structure and market concentration of the Russian export company in the international fertiliser market … model testing the PTM hypothesis. The major advantages of the Knetter's model are that the pricing behaviour of the export … country towards the import countries can be estimated with public statistical data for the export statistics of the export …
Persistent link: https://www.econbiz.de/10012107014
Welfare with the maximum-revenue tariff is compared to free-trade welfare under perfect competition in the case of a large country able to affect its terms of trade; under Cournot duopoly with differentiated products; and under Bertrand duopoly with differentiated products. Under perfect...
Persistent link: https://www.econbiz.de/10011886117
In this paper, a domestic and a foreign firm compete as Cournot duopolists in the domestic market. The foreign firm has incomplete information about the costs of the domestic firm, but the domestic government and the domestic firm are completely informed. It is shown that the domestic government...
Persistent link: https://www.econbiz.de/10014074121
trade under oligopoly. A hard Brexit where the UK trades according to WTO rules is shown to decrease total UK welfare, to …
Persistent link: https://www.econbiz.de/10011867762
restrictions and export subsidies prevailing in LDCs. In this paper we focus on the import under-invoicing due to high tariff … circumstances. -- Import tariff ; under-invoicing ; Cournot oligopoly …
Persistent link: https://www.econbiz.de/10003980007
Persistent link: https://www.econbiz.de/10013173014