We explore the possibility of free trade between two countries, differentiated in terms of the market size and where each of them has a monopoly firm that produces a vertically differentiated good. The two monopoly firms are involved in intra-industry trade. At autarky, in any one country, only...

This paper mitigates the gap in the Indian context about the non-consideration of vertical and horizontal intra-industry trade (IIT) distinctly in testing empirical hypotheses about industry-level determinants of IIT. Our study indicates that failure to segregate vertical and horizontal IIT from...

In recent times, Indian banks have resorted to mergers and acquisitions (M&A) in the expectation to reap efficiency gains brought in by such consolidation strategies. This paper explores the impact of M&A on technical efficiency of Indian commercial banks during the second decade (2000-2010) of...

This article explores the possibility of associating firm size vis-à-vis industry size with firm-level R&D led-innovation and the resultant impact(s) on industry level output and price. We consider an oligopolistic industry having one dominant firm and some fringes. Innovation by the dominant...

Anti-dumping as a new protectionist trade policy has evolved as the popular strategy choice for the trading nations. Since the Uruguay Round of World Trade Organization (WTO) (1994), India has been a prominent user of it. This article attempts to explore the possible factors that might have...

The last two decades have witnessed that countries across the world are guided by the rules and regulations of multilateral trading institutions (for example, World Trade organization [WTO], International Monetary Fund [IMF]) in order to promote free and fair trade through gradual reduction in...