G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1361
DP1361 Wage Bargaining, Inventories, and Union Legislation
Melvyn G Coles; Andrew Hildreth
发表日期1996-04-30
出版年1996
语种英语
摘要In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Minimum quality standards, set uniformly or according to the principle of mutual recognition, can be used to increase welfare. The analysis includes entry deterrence by the choice of a particular standard. With identical costs, both industries remain in the market under either regulatory alternative. Mutual recognition is the optimal policy choice for either region. With significantly different costs, the full-harmonization outcome includes only one firm and leads to a maximal sum of regional welfares.
主题International Trade and Regional Economics
关键词Entry Oligopoly Product differentiation Quality standards Trade
URLhttps://cepr.org/publications/dp1361
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/530511
推荐引用方式
GB/T 7714
Melvyn G Coles,Andrew Hildreth. DP1361 Wage Bargaining, Inventories, and Union Legislation. 1996.
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