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Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
The paper reports that an export subsidy is optimal for a unionized Bertrand duopoly. Following results published by Brander and Spencer (Journal of International Economics, 1988, pp. 217-34), this establishes the robustness of export subsidization to the mode of competition (Cournot or Bertrand), and contrasts with nonunion results in the literature. If both firms are unionized and both governments pursue active trade policies, a subsidy remains optimal except for a narrow range of extreme substitutability between products. Nations with a lower opportunity cost of labor employ more aggressive policies in equilibrium.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
The paper reports that an export subsidy is optimal for a unionized Bertrand duopoly. Following results published by Brander and Spencer (Journal of International Economics, 1988, pp. 217-34), this establishes the robustness of export subsidization to the mode of competition (Cournot or Bertrand), and contrasts with nonunion results in the literature. If both firms are unionized and both governments pursue active trade policies, a subsidy remains optimal except for a narrow range of extreme substitutability between products. Nations with a lower opportunity cost of labor employ more aggressive policies in equilibrium.
Author: Phillip Swagel Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 24
Book Description
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.
Author: Phillip Swagel Publisher: ISBN: Category : Languages : en Pages : 18
Book Description
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.
Author: Takao Ohkawa Publisher: Springer ISBN: 4431556214 Category : Business & Economics Languages : en Pages : 214
Book Description
This book presents a theoretical investigation of the formation of regional free trade agreements (FTAs), the behavior of global enterprises, and government trade policies in various game forms including multi-stage games, repeated games, and timing games. In the last few decades, the number of FTAs has been rapidly increasing in the world, especially in Asia. In particular, East Asian countries are expected to be main engines for sustaining the world economy. Focusing on East Asian economies, strategic behaviors of governments and firms in order to attain their own aims are examined. The analytical methods employed in this book are those currently being developed or that recently have been created. The topics are important contemporary issues in regional areas facing the rapid economic changes brought about by globalization. Most chapters of this book are based on original work that was published in international journals but now has been completely rewritten, with restructuring and extension of the original work. This book, with its up-to-date information, will be of interest to academic researchers in universities and economic research institutions and to students working on advanced degrees in economics.
Author: David Greenaway Publisher: Springer ISBN: 0230305318 Category : Business & Economics Languages : en Pages : 727
Book Description
International trade is the core foundation of globalisation. This current and up-to-date volume brings together the finest academics working in the field today, containing contributions in key areas of policy research, such as, modelling frameworks, trade policy, trade and migration, trade and the environment, trade and unemployment.
Author: Jennie Auffenberg Publisher: Routledge ISBN: 1000413519 Category : Business & Economics Languages : en Pages : 209
Book Description
Marketization in the healthcare sector affects the quality and delivery of care, as well as healthcare workers’ working conditions. Based on a comparison of England and Germany, along with an in-depth case study looking at New York, USA, this volume examines how trade unions respond to marketization processes and the determinants of successful strategies. The author draws on a rich empirical study to develop a theoretical framework that accounts for sector-specific opportunity structures stemming from marketization processes and on the relevant unions’ local-level leeway that opens if they build up and mobilise the available resources and capacities. The book identifies determinants of successful trade union strategies, explains the puzzling observation of similar strategic choices across different systems, and draws conclusions for prospects of trade unionism in the marketized healthcare sector. This book emphasizes the transformative effect of marketization on healthcare and the opportunities this change creates for unions, while giving special attention to the local-level conditions of trade unionism in the analysis of conflicts evolving around marketization in the hospital sector. It is of interest to academics and practitioners working in healthcare management, human resource management, and employment relations.
Author: Publisher: Springer ISBN: 1349588024 Category : Law Languages : en Pages : 7493
Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author: Subhayu Bandyopadhyay
Author: Subhayu Bandyopadhyay
Author: Phillip Swagel
Author: Phillip Swagel
Author: Dominic Coppens
Author: Takao Ohkawa
Author: Kwok Chiu Fung
Author: David Greenaway
Author: Robert Joseph Riley
Author: Jennie Auffenberg
Author: