G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4608
DP4608 The Employment Effects of Severance Payments with Wage Rigidities
Pietro Garibaldi; Giovanni L. Violante
发表日期2004-09-23
出版年2004
语种英语
摘要We analyse strategic trade policy with vertical product differentiation where firms from developed and less developed countries compete in both qualities and prices in the domestic market and where the developing country firm has a lower marginal efficiency in producing quality. We concentrate on the case when the domestic market is in a less developed country and when it possesses the characteristics of ?natural duopoly?. The key issue is under which conditions welfare maximizing trade policy in the form of tariffs can lead to ?quality reversal?, when the initially low-quality domestic firm jumps up the quality ladder in the anticipation of the optimal trade policy. We then contrast our findings with the related results in the literature.
主题Industrial Organization ; International Trade and Regional Economics
关键词Vertical differentiation Optimal tariff Quality reversal Natural duopoly
URLhttps://cepr.org/publications/dp4608
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/533529
推荐引用方式
GB/T 7714
Pietro Garibaldi,Giovanni L. Violante. DP4608 The Employment Effects of Severance Payments with Wage Rigidities. 2004.
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