G2TT
来源类型Discussion paper
规范类型论文
来源IDDP335
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
URLhttps://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.
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