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Mrázová, Monika - 2024

Persistent link: https://www.econbiz.de/10014634393

The macroeconomic effects of trade tariffs : revisiting the Lerner symmetry result

Lindé, Jesper; Pescatori, Andrea - 2019

We study the robustness of the Lerner symmetry result in an open economy New Keynesian model with price rigidities. While the Lerner symmetry result, i.e. the absence of allocative and trade-flow effects of an equally-sized change in import tariff and export subsidy, holds up approximately for a...

Persistent link: https://www.econbiz.de/10011981211

Export subsidies and least developed countries : an entry-deterrence model under complete and incomplete information

Rhee, Kyoungwon; Kang, Moonsung - In: The Korean economic review 35 (2019) 1, pp. 163-182

Persistent link: https://www.econbiz.de/10012217144

Green subsidies as strategic trade policy tools

Buccella, Domenico; Fanti, Luciano; Gori, Luca - 2023

In a three-country model in which export countries adopt environmental policies, this note analyses how abatement ("green") subsidy can become a potential strategic trade policy tool. When governments set the optimal policy tool considering their local environmental damages, a rich set of...

Persistent link: https://www.econbiz.de/10013540623

Comparative Advantage and Optimal Trade Policy

Costinot, Arnaud - 2013

The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its …

Persistent link: https://www.econbiz.de/10012458973

Strategic Trade, Competitive Industries and Agricultural Trade Disputes

Bagwell, Kyle - 2000

The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the … theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …

Persistent link: https://www.econbiz.de/10012470921

Free Trade vs. Strategic Trade : A Peek into Pandora's Box

Grossman, Gene M. - 1997

We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity to manipulate the government's choice of the level of" intervention. Domestic firms may overinvest...

Persistent link: https://www.econbiz.de/10012472599

Strategic Export Subsidies and Reciprocal Trade Agreements : The Natural Monopoly Case

Bagwell, Kyle - 1996

Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT? With existing arguments, it is possible to understand GATT's restrictions on export subsidies as representing an inefficient victory of the interests of exporting governments...

Persistent link: https://www.econbiz.de/10012473274

Rent-Shifting Export Subsidies with an Imported Intermediate Product

Ishikawa, Jota - 1996

This paper argues that export subsidies aimed at shifting rents from foreign to domestic producers of a final good may also serve to shift rents to foreign firms supplying an intermediate good, weakening the incentive for the subsidy. By contrast, assuming Cournot competition for both the final...

Persistent link: https://www.econbiz.de/10012473404

Export Subsidies and International Market Share Rivalry

Brander, James A. - 1984

Countries often perceive themselves as being in competition with each other for profitable international markets. In such a world export subsidies can appear as attractive policy tools, from a national point of view, because they improve the relative position of a domestic firm in noncooperative...

Persistent link: https://www.econbiz.de/10012477624