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private information from domestic firms. The policy is a contract of menus, comprising a tariff and a production subsidy …
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game theory of the firm. A theoretical case for picking winners through a preferential innovative policy is discussed in a …
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I study welfare and distributional effects of import tariffs in a two-country asymmetric general oligopolistic equilibrium trade model. Tariffs have an anti-competitive effect that reduces labor demand because firms want to shorten supply. Unilaterally increasing the import tariff in absence of...
Persistent link: https://www.econbiz.de/10012300454