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We study how domestic content requirements in Free Trade Areas (FTAs) affect market power and market structure in concentrated intermediate goods markets. We show that content requirements increase oligopolistic markups beyond the level that would obtain under an equivalent import tariff, and we...
Persistent link: https://www.econbiz.de/10012263368
Persistent link: https://www.econbiz.de/10012265242
We consider progressive geographical expansion of free trade zones within countries as a form of trade liberalization and compare observationally equivalent liberalization involving changes in the coverage of a free trade zone for a fixed tariff rate, and tariff reductions applying to all trade...
Persistent link: https://www.econbiz.de/10011402583
We consider progressive geographical expansion of free trade zones within countries as a form of trade liberalization and compare observationally equivalent liberalization involving changes in the coverage of a free trade zone for a fixed tariff rate, and tariff reductions applying to all trade...
Persistent link: https://www.econbiz.de/10001988123
Persistent link: https://www.econbiz.de/10001858452