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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP335 |
DP335 The Welfare Effects of Imperfect Harmonization of Trade and Industrial Policy | |
Konstantine Gatsios; Larry Karp | |
发表日期 | 1989-10-01 |
出版年 | 1989 |
语种 | 英语 |
摘要 | Partial cooperation in setting trade policy may be worse than no cooperation for countries who form a customs union. The paper investigates three situations where this is likely to occur. First, if the countries forming the union comprise too small a percentage of the non-competitive sector of the industry, their cooperation may be disadvantageous for essentially the same reason that a merger may be disadvantageous in oligopolistic industries. Second, even if the countries forming the union comprise the entire non-competitive sector of industry, cooperation on trade policy may be disadvantageous if industrial policy (e.g., investment subsidies) is chosen noncooperatively. Third, cooperation in choosing trade policies may encourage excessive investment by competitive importers and thus reduce the demand faced by the oligopolists. |
主题 | International Trade and Regional Economics |
关键词 | Customs union Industrial policy Oligopoly Trade policy |
URL | https://cepr.org/publications/dp335 |
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/529495 |
推荐引用方式 GB/T 7714 | Konstantine Gatsios,Larry Karp. DP335 The Welfare Effects of Imperfect Harmonization of Trade and Industrial Policy. 1989. |
条目包含的文件 | 条目无相关文件。 |
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