Optimal Trade Policy with Horizontal Differentiation and Asymmetric Costs
學年 98
學期 2
出版（發表）日期 2010-05-01
作品名稱 Optimal Trade Policy with Horizontal Differentiation and Asymmetric Costs
作品名稱（其他語言）
著者 Liang, Wen-Jung; Mai, Chao-Cheng
單位 淡江大學產業經濟學系
出版者 Chichester: Wiley-Blackwell Publishing Ltd.
著錄名稱、卷期、頁數 Review of Development Economics 14(2), pp.302-310
摘要 This paper examines the optimal export policy under Bertrand competition when the products exhibit horizontal differentiation and production costs are asymmetric. The focus of this paper is on the product-differentiation effect in the determination of the optimal export policy. We show that given that the equilibrium characteristic of a foreign firm's product R&D lies to the left-hand side of its initial level , since the foreign firm has a unit cost advantage and the efficiency of its R&D technology is sufficiently low, a rise in the export subsidy of the domestic country increases a domestic firm's profits and then welfare by extending the degree of horizontal differentiation between the two products. Thus, the optimal export policy under Bertrand competition may turn out to be an export subsidy rather than an export tax. This result is in sharp contrast to that of Eaton and Grossman (1986).
關鍵字
語言 en
ISSN 1467-9361
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Mai, Chao-Cheng
審稿制度
國別 GBR
公開徵稿
出版型式 電子版
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