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We consider the following stage game: a domestic government chooses an import quota, the a domestic and a foreign firm choose their quality level before engaging a price competition. We first show that the indirect effect of the quota on the sales of the domestic producer are different depending...
Persistent link: https://www.econbiz.de/10005478943
Different market settings are considered in a free trade environment, where firms can choose technology, quality, and price of quantity. The shape of competition in prices requires the intervention of governments, via a common antidumping policy, to make firms converge on the simultaneous...
Persistent link: https://www.econbiz.de/10005656787
The poorest nations of the world suffer from extreme disease burdens, which go largely untreated because weak incomes and the prevailing system of intellectual property rights fail to provide sufficient incentives to develop new treatments and distribute them at low cost. Recent price reductions...
Persistent link: https://www.econbiz.de/10005670121
The goal of this papr was to investigate whether contestability has an impact on prices in Dutch manufacturing industries. The major finding were: 1- Estimating the price equation in long differences appeared to be the best technique. 2- The variables capital intensity, import penetration and...
Persistent link: https://www.econbiz.de/10005474400