| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2611 |
| DP2611 An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil?s Real Plan, 1994-1999 | |
| Kevin Chang; José Manuel Campa; James F Refalo | |
| 发表日期 | 2000-11-28 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | In this paper, we consider a European industry characterized by vertical product differentiation. Using a two-stage model with quality choice made before price competition takes place, we show that EU anti-dumping policy that takes the form of price-undertakings offers a powerful protection to domestic firms, but only at the price competition stage. Once the impact of the A-D policy on quality choices is taken into account, European Welfare as well as profits accruing to the domestic firm decrease whenever the free trade equilibrium is affected. Hence we show that European Antidumping policies may induce ?perverse? leapfrogging. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Bertrand competition Injury Quality Welfare European antidumping policy |
| URL | https://cepr.org/publications/dp2611 |
| 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/531677 |
| 推荐引用方式 GB/T 7714 | Kevin Chang,José Manuel Campa,James F Refalo. DP2611 An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil?s Real Plan, 1994-1999. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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