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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2802 |
DP2802 Essential Facility Financing and Market Structure | |
Jean Tirole; Bernard Caillaud | |
发表日期 | 2001-05-29 |
出版年 | 2001 |
语种 | 英语 |
摘要 | In this Paper we study the location behaviour of a foreign and a domestic footloose firm competing in output in the domestic product market. Both firms produce a homogenous good using a labour intensive technology. While the domestic country is unionized, the foreign country is not. Location equilibria are studied as a function of the foreign wage level, both under free trade and under an optimal domestic trade policy. We find that when foreign wage levels are relatively low, both firms agglomerate in the foreign market (North-South FDI) and the optimal government intervention by the North is a zero tariff on imports from the South. For intermediate wage levels abroad, both firms prefer to locate in their own market and the optimal domestic government intervention is a positive tariff on foreign imports. For relatively high foreign wage levels, the optimal tariff policy is such that both firms agglomerate in the domestic country (North-North FDI). |
主题 | International Trade and Regional Economics |
关键词 | Fdi Monopoly union Trade policy Cournot competition |
URL | https://cepr.org/publications/dp2802 |
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/531861 |
推荐引用方式 GB/T 7714 | Jean Tirole,Bernard Caillaud. DP2802 Essential Facility Financing and Market Structure. 2001. |
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