Constructing a two-good (competitive and imperfectly-competitive goods), two-primary factor (capital and labor) and two-country model of international trade where the imperfectly-competitive sector is subject to increasing returns to scale, we establish an oligopolistic version of the...

Constructing a two-good (a competitive and monopolized goods), two-primary factor (capital and labor) and two-country model of international trade where the monopolized sector is subject to increasing returns to scale, we establish an oligopolistic version of the Heckscher-Ohlin Theorem.

This paper develops a model of an export oligopoly to examine the welfare effects of an export tax reduction and a production tax increase that makes the foreign country no-worse off. Whether or not entry into the oligopolistic industry is free, the proposed policy reform is shown to reduce...

This paper develops a two-country general equilibrium model to examine the welfare effect of tariff-tax reforms that fix the world price. We show that this reform improves welfare if an origin tax is adjusted, but that it reduces welfare if a destination tax is used. Moreover, this result is...

We prove two results on feedback equilibria under dynamic renewable resource duopoly. The linear feedback output is smallest, which sharply contrasts to the existing literature where it is largest. Moreover, prices in two feedback equilibria are higher than under monopoly.

In this note we examine if the proposition offered by <link rid="b5">Fershtman and Nitzan (1991)</link> and <link rid="b12">Wirl (1996)</link> in the context of a dynamic voluntary provision model with a linear production function can be generalized to a more general CES formulation. By comparing the steady-state stocks of a public good in...

Constructing a dynamic game model of trade of an exhaustible resource, this paper compares feedback Nash and Stackelberg equilibria when the exporting country sets quantity rather than price. We consider two different leadership scenarios: leadership by the importing country, and leadership by...