Strategic trade policy and mode of competition : symmetric versus asymmetric information

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ISBN 13 : 9788086288475
Total Pages : 39 pages
Book Rating : 4.2/5 (884 download)

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Book Synopsis Strategic trade policy and mode of competition : symmetric versus asymmetric information by : Delia Ionaşcu

Download or read book Strategic trade policy and mode of competition : symmetric versus asymmetric information written by Delia Ionaşcu and published by . This book was released on 2001 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Trade Policy and Mode of Competition

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Strategic Trade Policy and Mode of Competition by : Delia Ionascu

Download or read book Strategic Trade Policy and Mode of Competition written by Delia Ionascu and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we analyze the following policy dilemma: strategic trade policy versus free trade when the domestic government is bound to intervene only after the domestic firm's strategic variable is chosen. This intervention allows the domestic firm to manipulate the domestic government and results in a socially inefficient choice of the strategic variable. However, commitment to free trade leads to forgoing the benefits from profit-shifting. Yet, from the social point of view, free trade may be optimal even under the assumption of symmetric information. Due to costly signaling, this result is reinforced in the case of asymmetric information.

Free Trade Versus Strategic Trade as a Choice Between Two 'second-best' Policies

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis Free Trade Versus Strategic Trade as a Choice Between Two 'second-best' Policies by : Delia Ionascu

Download or read book Free Trade Versus Strategic Trade as a Choice Between Two 'second-best' Policies written by Delia Ionascu and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Trade Policies with Uncertainty about the Mode of Inter-firm Competition

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ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Strategic Trade Policies with Uncertainty about the Mode of Inter-firm Competition by : Giovanni Maggi

Download or read book Strategic Trade Policies with Uncertainty about the Mode of Inter-firm Competition written by Giovanni Maggi and published by . This book was released on 1993 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Free Versus Strategic Trade as a Choice Between Two 'second-best' Policies

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ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (76 download)

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Book Synopsis Free Versus Strategic Trade as a Choice Between Two 'second-best' Policies by : Delia Lonascu

Download or read book Free Versus Strategic Trade as a Choice Between Two 'second-best' Policies written by Delia Lonascu and published by . This book was released on 2001 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Trade Policy, Spillovers, and Uncertain Mode of Competition

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ISBN 13 : 9788090232549
Total Pages : 37 pages
Book Rating : 4.2/5 (325 download)

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Book Synopsis Strategic Trade Policy, Spillovers, and Uncertain Mode of Competition by : Krešimir Žigić

Download or read book Strategic Trade Policy, Spillovers, and Uncertain Mode of Competition written by Krešimir Žigić and published by . This book was released on 1998 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Free Trade Vs. Strategic Trade

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Free Trade Vs. Strategic Trade by : Gene M. Grossman

Download or read book Free Trade Vs. Strategic Trade written by Gene M. Grossman and published by . This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 in physical and knowledge capital in a regime of" strategic intervention in order to influence the government's choice of subsidy. In the event commitment to free trade may be desirable even in settings where profit-shifting would be" possible. We analyze the desirability of such a commitment when the government is well" informed about firms' types and actions, and when it suffers from an informational disadvantage."

Strategic Trade Policy Under Asymmetric Information about Market Demand

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (17 download)

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Book Synopsis Strategic Trade Policy Under Asymmetric Information about Market Demand by : Frank Schuhmacher

Download or read book Strategic Trade Policy Under Asymmetric Information about Market Demand written by Frank Schuhmacher and published by . This book was released on 1998 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Trade Policy, Spillovers, and the Uncertain Mode of Competition

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Strategic Trade Policy, Spillovers, and the Uncertain Mode of Competition by : Krešimir Žigić

Download or read book Strategic Trade Policy, Spillovers, and the Uncertain Mode of Competition written by Krešimir Žigić and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we discuss the incentives of a welfare maximizing government to implement strategic trade policy when there is, on the one hand, uncertainty about the relevant market information (like the type of competition, demand function, cost function, etc.), but, on the other hand, the environment of the contest between the firms is specific: there are two firms and the interaction among them is accompanied by technological spillovers from the domestic firm to the foreign firm. The two bench mark oligopoly models - Bertrand and Cournot - are assumed to be possible types of market competition. In order to analyse the problem of strategic policy under uncertainty, it is first necessary to work out in depth the optimal tariff policy in perfect information setup for both the Cournot and the Bertrand case. We argue, then, that the "informational" criticism of strategic trade policy is less relevant than was previously thought.

Strategic Trade Policies with Endogenous Mode of Competition

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (324 download)

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Book Synopsis Strategic Trade Policies with Endogenous Mode of Competition by : Giovanni Maggi

Download or read book Strategic Trade Policies with Endogenous Mode of Competition written by Giovanni Maggi and published by . This book was released on 1994 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Trade Policies with Endogenous Mode of Competition

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (258 download)

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Book Synopsis Strategic Trade Policies with Endogenous Mode of Competition by : Giovanni Maggi (économiste.)

Download or read book Strategic Trade Policies with Endogenous Mode of Competition written by Giovanni Maggi (économiste.) and published by . This book was released on 1994 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Prague Economic Papers

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ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Prague Economic Papers by :

Download or read book Prague Economic Papers written by and published by . This book was released on 2002 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quarterly journal of economic theory and policy.

Global Competition and Integration

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Publisher : Springer Science & Business Media
ISBN 13 : 1461551099
Total Pages : 589 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Global Competition and Integration by : Ryuzo Sato

Download or read book Global Competition and Integration written by Ryuzo Sato and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 589 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Competition and Integration offers varied perspectives on the changing international economy. The book is divided into four main sections covering world trade and competition, innovation and growth, financial markets and globalization, and regulation, distribution, and the role of government.

Asymmetric Information and the Market Structure of the Banking Industry

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Publisher : International Monetary Fund
ISBN 13 : 145195154X
Total Pages : 32 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Asymmetric Information and the Market Structure of the Banking Industry by : Mr.Giovanni Dell'Ariccia

Download or read book Asymmetric Information and the Market Structure of the Banking Industry written by Mr.Giovanni Dell'Ariccia and published by International Monetary Fund. This book was released on 1998-06-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather proprietary information about their clients, acquiring an advantage over potential entrants. These informational asymmetries are an important determinant of the industry structure and may represent a barrier to entry for new banks. The paper shows that, in contrast with traditional models of horizontal differentiation, the steady-state equilibrium is characterized by a finite number of banks even in the absence of fixed costs.

A Practical Guide to Trade Policy Analysis

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ISBN 13 : 9789287038128
Total Pages : 0 pages
Book Rating : 4.0/5 (381 download)

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Book Synopsis A Practical Guide to Trade Policy Analysis by : Marc Bacchetta

Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development

International Competition in Vertically Differentiated Markets with Innovation and Imitation

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis International Competition in Vertically Differentiated Markets with Innovation and Imitation by : Eugen Kováč

Download or read book International Competition in Vertically Differentiated Markets with Innovation and Imitation written by Eugen Kováč and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The competition between firms from developed (DC) and less developed countries (LDC) is typically in vertically differentiated products. We consider a model of price competition between DC and LDC firms with quality choice and imitation, and study the effects of ex post tariffs. The government faces a choice between commitment to free trade and imposing a tariff. Tariffs can lead to change in the rank of qualities compared to free trade. We identify conditions under which this quality reversal takes place, and show that quality reversal is necessary for trade policy to be superior to free trade in welfare terms.

Strategic Trade Policy

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Strategic Trade Policy by : Gene M. Grossman

Download or read book Strategic Trade Policy written by Gene M. Grossman and published by . This book was released on 1985 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: