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on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect … domestic food prices. Our first results is that export tariffs are strategic complements and that for poor harvests equilibrium …We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …
Persistent link: https://www.econbiz.de/10010221824
on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect … domestic food prices. Our first result is that export tariffs are strategic complements and that for poor harvests equilibrium …We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …
Persistent link: https://www.econbiz.de/10010230311
on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect … domestic food prices. Our first results is that export tariffs are strategic complements and that for poor harvests equilibrium …We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …
Persistent link: https://www.econbiz.de/10013059870
restrictions and export subsidies prevailing in LDCs. In this paper we focus on the import under-invoicing due to high tariff …
Persistent link: https://www.econbiz.de/10013142327
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
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
We examine the superiority of the uniform versus discriminatory tariffs in global welfare by taking into account the … product differentiation under Bertrand competition, discriminatory tariffs give rise to delegation or no delegation in … equilibrium, while uniform tariffs result in diverse delegation types; delegation, no delegation, and asymmetric. Second, given …
Persistent link: https://www.econbiz.de/10014084513
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
A major section of the existing literature on strategic trade policy, following a partial equilibrium framework, observed that imposition of tariff by the domestic country leads to a rise in their wage level. Analysis on the impact of strategic trade policy intervention (tariff) on wages and...
Persistent link: https://www.econbiz.de/10015323408
We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing here, even though it would not be profitable in a...
Persistent link: https://www.econbiz.de/10001771983