Author: Delia IonaşcuPublisher:
ISBN: 9788086286525
Category :
Languages : en
Pages : 39
Book Description
Strategic trade policy and mode of competition : symmetric versus asymmetric information
Author: Delia IonaşcuPublisher:
ISBN: 9788086286525
Category :
Languages : en
Pages : 39
Book Description
Strategic Trade Policies with Uncertainty about the Mode of Inter-firm Competition
Author: Giovanni MaggiStrategic Trade Policy and Mode of Competition
Author: Delia IonascuPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
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
Author: Krešimir ŽigićPublisher:
ISBN: 9788090232549
Category :
Languages : en
Pages : 37
Book Description
Strategic Trade Policies with Endogenous Mode of Competition
Author: Giovanni Maggi (économiste.)Publisher:
ISBN:
Category :
Languages : en
Pages : 38
Book Description
Strategic Trade Policies with Endogenous Mode of Competition
Author: Giovanni MaggiPublisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 38
Book Description
Trade Warriors
Author: Marc L. BuschPublisher: Cambridge University Press
ISBN: 9780521799386
Category : Business & Economics
Languages : en
Pages : 228
Book Description
Trade Warriors examines the strategic trade policies of states in high technology industries.
Strategic Trade Policy, Spillovers, and the Uncertain Mode of Competition
Author: Krešimir ŽigićPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
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
Author: Paul R. KrugmanPublisher: MIT Press
ISBN: 9780262610452
Category : Business & Economics
Languages : en
Pages : 330
Book Description
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).
Author: Gene M. Grossman