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

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Publisher :
ISBN 13 : 9788086286525
Total Pages : 39 pages
Book Rating : 4.2/5 (865 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 Policies with Uncertainty about the Mode of Inter-firm Competition

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Publisher :
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:

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.

Strategic Trade Policy, Spillovers, and Uncertain Mode of Competition

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Publisher :
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:

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:

Strategic Trade Policies with Endogenous Mode of Competition

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Publisher :
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:

Trade Warriors

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Publisher : Cambridge University Press
ISBN 13 : 9780521799386
Total Pages : 228 pages
Book Rating : 4.7/5 (993 download)

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Book Synopsis Trade Warriors by : Marc L. Busch

Download or read book Trade Warriors written by Marc L. Busch and published by Cambridge University Press. This book was released on 2001-02-05 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade Warriors examines the strategic trade policies of states in high technology industries.

Strategic Trade Policy, Spillovers, and the Uncertain 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, 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 Policy and the New International Economics

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Publisher : MIT Press
ISBN 13 : 9780262610452
Total Pages : 330 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Strategic Trade Policy and the New International Economics by : Paul R. Krugman

Download or read book Strategic Trade Policy and the New International Economics written by Paul R. Krugman and published by MIT Press. This book was released on 1986 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of original essays brings the practical world of trade policy and of government and business strategy together with the world of academic trade theory. It focuses in particular on the impact of changes in the international trade environment and on how new developments and theory can guide our trade policy.Contents: New Thinking about Trade Policy, Paul Krugman (Sloan School of Management, MIT). Rationales for Strategic Trade and Industrial Policy, James A. Brander (University of British Columbia). Strategic Export Promotion: A Critique, Gene M. Grossman (Woodrow Wilson School, Princeton University). Government Policy and the Dynamics of International Competition in High Technology, Michael Borrus, Laura d'Andrea Tyson, and John Zysman (all at the University of California, Berkeley). What Should Trade Policy Target? Barbara Spencer (University of British Columbia). Credit Policy and International Competition, Jonathan Eaton (University of Virginia). Industrial Policy: An Overview, Geoffrey Carliner (National Bureau of Economic Research). Japan's Industrial Strategy, Kozo Yamamura (University of Washington). U.S. Trade and Industrial Policy, William R. Cline (Institute for International Economics). Strategic Behavior and Trade Policy, Alvin K. Klevorick (Yale University) and William Branson (Princeton University). The New Political Economy of Trade Policy, J. David Richardson, (University of Wisconsin). Trade Policy: An Agenda for Research, Avinash K. Dixit (Woodrow Wilson School, Princeton University).Paul Krugman is Professor of Economics at MIT. A former member of the staff of the Council of Economic Advisers, Krugman is also coauthor, with Elhanan Helpman, of Market Structure and Foreign Trade (MIT Press 1985).

Strategic Trade Policy

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Strategic Trade Policy by : James A. Brander

Download or read book Strategic Trade Policy written by James A. Brander and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on strategic trade policy. Strategic trade policy is defined as trade policy that conditions or alters a strategic relationship between firms, implying that strategic trade policy focuses primarily on trade policy in the presence of oligopoly. The key point is that strategic relationships between firms introduce additional motives for trade policy, over and above terms of trade and other effects that arise in all market structures. I demonstrate this general point using a simple game theoretic framework, then present the major results of strategic trade policy using two models: the 'third market' model, in which oligopolistic firms in two exporting nations export the good in question exclusively to a third country; and the 'reciprocal markets' model, in which firms in two countries compete in each others' markets. The paper makes the well-known point that slight differences in model structure can give rise to strikingly different trade policy implications, but also seeks to emphasize the robust general points that emerge from the literature.

Strategic Trade Policy

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Strategic Trade Policy by : Warner Max Corden

Download or read book Strategic Trade Policy written by Warner Max Corden and published by World Bank Publications. This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crucial assumptions underlying this subset of theories from the "new international economics" turn out to be unrealistic.

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:

Unionization and Strategic Trade Policy

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Unionization and Strategic Trade Policy by : Phillip Swagel

Download or read book Unionization and Strategic Trade Policy written by Phillip Swagel and published by International Monetary Fund. This book was released on 2000-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the mode of competition. With Bertrand duopolists, a union can be welfare-improving; it can also lead to a weaker trade policy, or even reverse the direction of the optimal policy. The results highlight the importance for trade policy of understanding the nature of firm behavior and the institutional features of the labor market.

Empirical Studies of Strategic Trade Policy

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Publisher : University of Chicago Press
ISBN 13 : 9780226454603
Total Pages : 251 pages
Book Rating : 4.4/5 (546 download)

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Book Synopsis Empirical Studies of Strategic Trade Policy by : Paul Krugman

Download or read book Empirical Studies of Strategic Trade Policy written by Paul Krugman and published by University of Chicago Press. This book was released on 1994-04-15 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense—by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth. The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models. International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.

Unionization and Strategic Trade Policy

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Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Unionization and Strategic Trade Policy by : Phillip Swagel

Download or read book Unionization and Strategic Trade Policy written by Phillip Swagel and published by . This book was released on 2006 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the mode of competition. With Bertrand duopolists, a union can be welfare-improving; it can also lead to a weaker trade policy, or even reverse the direction of the optimal policy. The results highlight the importance for trade policy of understanding the nature of firm behavior and the institutional features of the labor market.

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

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Publisher :
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:

Competition Policy in Strategic Trade

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Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (247 download)

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Book Synopsis Competition Policy in Strategic Trade by : Marc Rysman

Download or read book Competition Policy in Strategic Trade written by Marc Rysman and published by . This book was released on 2000 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: