Asymmetric Oligopoly International Trade And Welfare
DOWNLOAD
Download Asymmetric Oligopoly International Trade And Welfare PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Asymmetric Oligopoly International Trade And Welfare book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Asymmetric Oligopoly International Trade And Welfare
DOWNLOAD
Author : Sajal Lahiri
language : en
Publisher:
Release Date : 1994
Asymmetric Oligopoly International Trade And Welfare written by Sajal Lahiri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
The Loss From Trade Under International Cournot Oligopoly With Cost Asymmetry
DOWNLOAD
Author : Baomin Dong
language : en
Publisher:
Release Date : 2010
The Loss From Trade Under International Cournot Oligopoly With Cost Asymmetry written by Baomin Dong and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
This paper examines the efficiency and welfare effects of intra-industry trade in the presence of imperfect competition and heterogeneous technologies. We show that when a Southern country has a relatively less concentrated industry and faces low demand, the output of the Northern country may contract after initiating trade. Production inefficiencies can outweigh the gain effected by trade-induced competition and lower price in trade, resulting in a net loss in the global welfare. In some circumstances, voluntary technology transfer, managed trade through VERs, or the introduction of a tariff can improve both trading partners' welfare.
Free Trade Versus Autarky Under Asymmetric Cournot Oligopoly
DOWNLOAD
Author : Rabah Amir
language : en
Publisher:
Release Date : 2017
Free Trade Versus Autarky Under Asymmetric Cournot Oligopoly written by Rabah Amir and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
The paper compares free trade with autarky in an asymmetric multi-country world under Cournot competition with constant returns to scale and linear demand. We derive respective conditions under which free trade will hurt a country's consumers, benefit its firms, induce it to export, increase its output and raise its welfare. We show that these conditions are linked in a clear order, with one implying the next. We further demonstrate that free trade can reduce world total output and total consumer surplus as well as world welfare. Along the way, we correct several oversights in the literature.
The Stable Equilibrium Of Preferential Trade Agreements Under Technology Asymmetry
DOWNLOAD
Author : Young-Han Kim
language : en
Publisher:
Release Date : 2016
The Stable Equilibrium Of Preferential Trade Agreements Under Technology Asymmetry written by Young-Han Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
This paper examines the optimal policy for trade negotiation in the current multilateral and preferential trade regime. Using a four country oligopoly model with asymmetric technology, we examine the implication of preferential trade agreement on tariff and welfare. We find any preferential trade agreement has a tariff complementarity effect. Social welfare of the more efficient country is also higher with more cooperative trade negotiation regime. However, for technically inefficient country, the cooperative trade policy does not always guarantee to improve the social welfare when the technology difference is large or the global free trade is not feasible. Under large technology difference, we show that South-South FTAs is an optimal alternative policy for the inefficient countries and is more sustainable.
Liquidity And Asset Prices
DOWNLOAD
Author : Yakov Amihud
language : en
Publisher: Now Publishers Inc
Release Date : 2006
Liquidity And Asset Prices written by Yakov Amihud and has been published by Now Publishers Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the evidence on the liquidity premium for stocks, bonds, and other financial assets.
Trade And Industrial Policy Under International Oligopoly
DOWNLOAD
Author : Sajal Lahiri
language : en
Publisher: Cambridge University Press
Release Date : 2003-12-04
Trade And Industrial Policy Under International Oligopoly written by Sajal Lahiri and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-12-04 with Business & Economics categories.
The existence of firms with different levels of efficiency within a country plays an important role in this in-depth analysis of industrial and trade policies in a multi-country trade-theoretic framework. Sajal Lahiri and Yoshiyasu Ono examine various industrial policies, R&D subsidies and trade policies under conditions of imperfect competition in a product market created by the presence of Cournot oligopolistic interdependence in production. Trade is defined broadly to include trade in commodity as well as trade in capital, specifically foreign direct investment. While the first part of the book focuses on commodity trade and assumes full employment, the latter considers foreign direct investment and assumes the presence of unemployment. Given the importance of industrial policies and the prevalence of imperfect competition, together with ongoing attention to theoretical issues concerning industrial economics, this research will excite interest amongst researchers, advanced students and policy makers in this field.
Asymmetric Information And The Market Structure Of The Banking Industry
DOWNLOAD
Author : Mr.Giovanni Dell'Ariccia
language : en
Publisher: International Monetary Fund
Release Date : 1998-06-01
Asymmetric Information And The Market Structure Of The Banking Industry written by Mr.Giovanni Dell'Ariccia and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-06-01 with Business & Economics categories.
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.
Discussion Paper
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1994-10
Discussion Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-10 with Econometric models categories.
Behind The Border Policies
DOWNLOAD
Author : Joseph Francois
language : en
Publisher: Cambridge University Press
Release Date : 2019-11-07
Behind The Border Policies written by Joseph Francois and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-07 with Business & Economics categories.
Provides a contemporary overview of key issues related to non-tariff trade policy measures and domestic regulation.
International Trade And Labor Markets
DOWNLOAD
Author : Udo Kreickemeier
language : en
Publisher:
Release Date : 2018
International Trade And Labor Markets written by Udo Kreickemeier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Income distribution categories.
"This volume collects theoretical papers on the labor market effects of international trade that Udo Kreickemeier has published, together with different co-authors, over the past decade. Many contributions contained in this volume feature labor market imperfections that give rise to involuntary unemployment, and in those contributions, the question of how trade affects aggregate employment typically takes center stage in the analysis. Another recurring theme in many papers is the link between international trade and the income distribution within countries. The channels explored in the different papers include union wage premia, exporter wage premia due to firm-level rent sharing, and ability premia to entrepreneurs that are able to capitalize on their high productivity in global markets."--Publisher's website.