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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 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
infinite future. In this paper I analyze the setting of tariffs in a two-country model taking account of adjustment processes … induces policy makers with a short planning horizon to set lower tariffs because it enhances the short run boom following a … cut in tariffs. Monetary policy that aggressively fights deviations from its inflation target leads to even lower tariffs. …
Persistent link: https://www.econbiz.de/10011555189
Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …
Persistent link: https://www.econbiz.de/10010338661
be converted into import equivalent tariffs. From an economic point of view, the effects of such tariffication are not …
Persistent link: https://www.econbiz.de/10014113775