G2TT
来源类型Discussion paper
规范类型论文
来源IDDP120
DP120 Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions
Anthony Venables; James Markusen
发表日期1986-07-01
出版年1986
语种英语
摘要A number of recent papers reach different conclusions concerning the effects of trade and industrial policy on imperfectly competitive industries; the implications for policy are therefore sensitive to assumptions concerning both firm behaviour and market structure. This paper sets out a single model within which policy can be examined under a variety of assumptions concerning market structures. The results obtained from this model can be compared to results already obtained in the literature, and the model allows further analysis of some interesting cases. We consider the four types of market structure generated by oligopoly versus free entry, and segmented markets versus integrated markets. By employing simple functional forms we are able to make direct comparisons between these cases. We conclude that the effects of trade and industrial policies are greater when markets are segmented than when they are integrated, and that, if transport costs are small, policy is more potent when the number of firms is fixed than when there is free entry.
主题International Trade and Regional Economics
关键词Industrial policy Obligopoly free entry Segmented versus integrated markets Trade policy
URLhttps://cepr.org/publications/dp120
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529276
推荐引用方式
GB/T 7714
Anthony Venables,James Markusen. DP120 Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions. 1986.
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