Is "Getting the Price Right" Always Right? How Trade Liberalization can Fail.

We present a general equilibrium model with oligopsonistic market structure in one of the sectors. Buyers of inputs can set the price of inputs by being involved in rent seeking activities. The framework developed is applied to the Bulgarian economy in particular to the agro-food chain.

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Year of publication:	2000
Authors:	Gaitan, B. ; Pavel, F.
Subject:	COMPETITION \| OLIGOPOLIES \| INTERNATIONAL TRADE \| ECONOMIC GROWTH

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Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; E13 - Neoclassical ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005639456