Author: Yasuo UekawaPublisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
Imperfect Competition, Intra-industry Trade and Non-linear Cost Functions
Imperfect Competition, Intra-industry Trade and Non-linear Demand and Cost Functions
Author: Hisayuki OkamotoWorking Paper
Author: Testing an Imperfect Competition Model of Trade
Author: Matthew R. LyndeThe Economics of Imperfect Competition
Author: Joan RobinsonPublisher: Springer
ISBN: 1349153206
Category : Business & Economics
Languages : en
Pages : 359
Book Description
Imperfect competition in international trade
Author: Winston ChangPublisher: Springer Science & Business Media
ISBN: 1461522498
Category : Business & Economics
Languages : en
Pages : 276
Book Description
A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition. Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a more realistic view of the world economy. The book builds on the advances provided by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade issues which arise under imperfect competition. Section two examines implications for trade policy covering issues such as strategic trade policy in static and dynamic settings. Section three deals with various structural issues, such as optimal choice of trade liberalizing policies, the formation of trade blocks, and open dualistic economy with externalities.
Working Paper
Author: Imperfect Competition and Industrial Trade
Author: David GreenwayA General Equilibrium Model with Non-linear Pricing and Its Application to Trade Analysis
Author: Zhenting LinPublisher:
ISBN:
Category : Competition, Imperfect
Languages : en
Pages : 300
Book Description
Modern studies on international trade have paid more and more attention to imperfect competition. However, the lack of a well-established general equilibrium imperfect competition model has restricted researches in this field. We argue that the main difficulty of extending imperfect competition to a general equilibrium framework stems from the reliance on demand functions to model imperfect competition. Therefore, we take a different tack and model imperfect competition by using bargaining theory. Using this approach, we first construct a general equilibrium model of imperfect competition and prove the existence of equilibrium. Then, we apply the model to study the welfare effects of trade and trade policies. We find that trade with imperfect competition does not only enhance global wealth creation but also redistributes income among trading nations. As a result, countries with relatively weak export industries may gain little, or even lose, from free trade. Moreover, we find that trade policies can be used to weaken, or neutralise, the income redistribution effect of trade; and applying different trade policies in combination with each other can help to avoid Pareto inefficiencies.
Author: Kelvin J. Lancaster