| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4077 |
| DP4077 Market Access for Sale: Latin America's Lobbying for US Tariff Preferences | |
| Marcelo Olarreaga; Hiau Looi Kee; Peri Silva | |
| 发表日期 | 2003-10-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This study shows that preemptive investment in product proliferation is subject to a commitment problem that is not constrained to models of horizontal product differentiation, but applies to vertical product differentiation settings as well. We investigate the incentives of firms producing high- or low-quality goods that decide simultaneously to introduce new products in different quality areas. In addition, we analyse whether these firms keep or withdraw similar existing products from the market. The study shows that the introduction of new products depends on the credibility of firms' innovation strategies. The high-quality firm's strategy to proliferate the product space in order to deter the low-quality firm from introducing a new product is not credible. Innovators always withdraw their existing products from the market in order to reduce price competition or to avoid cannibalizing demand for their own products. |
| 主题 | Industrial Organization |
| 关键词 | Vertical product differentiation Preemption New product integration Product proliferation |
| URL | https://cepr.org/publications/dp4077 |
| 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/533053 |
| 推荐引用方式 GB/T 7714 | Marcelo Olarreaga,Hiau Looi Kee,Peri Silva. DP4077 Market Access for Sale: Latin America's Lobbying for US Tariff Preferences. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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