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The economics of geographical indications (GIs) is assessed within a vertical product differentiation framework that is consistent with the competitive structure of agriculture. It is assumed that certification costs are needed for GIs to serve as (collective) credible quality certification...
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Taking location as given, we study imperfect competition on a circular city. In Bertrandoligopoly, we identify price harmonics as a function of firm unit costs and locations. The sumof oligopoly profits is larger when costs and/or locations are more dispersed in the ‘dihedralmajorization’...
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We develop a model with one innovating northern firm and heterogeneous southernfirms that compete in a final product market. We assume southern firms differ in their intrinsiccosts and their ability to adapt technology and study southern incentives to protect intellectualproperty rights. We find...
Persistent link: https://www.econbiz.de/10009360868
This paper considers competition between two multinationals (U, J) who compete in a third market (K).The multinationals have similar cost structures, but differ in that J comes from a country that is “culturallysimilar” to K, and hence produces products that match more closely the...
Persistent link: https://www.econbiz.de/10009360887
We develop a model with one innovating northern firm and several heterogeneousSouthern firms that compete in a final product market. We assume the southern firms differ intheir ability to adapt technology and use this heterogeneity to study the differing incentives ofsouthern governments to...
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