Trade liberalization, forward-looking firms, and welfare
學年 106
學期 1
出版（發表）日期 2017-11-01
作品名稱 Trade liberalization, forward-looking firms, and welfare
作品名稱（其他語言）
著者 Kuo-Feng Kao; Cheng-Hau Peng
單位
出版者
著錄名稱、卷期、頁數 Review of International Economics 25(5), p.999-1016
摘要 We set up an oligopolistic model with two exporting firms selling to a third market to investigate the welfare implications of trade liberalization when the exporting firms are forward-looking. The results show that with cost asymmetry trade liberalization encourages the exporting firms to engage in tacit collusion, which may not only be detrimental to the domestic welfare, but also to the consumer surplus of the importing country. Moreover, we find that tacit collusion is less sustainable if the government of the importing country imposes a lower (higher) tariff on the more (less) efficient exporting firm. If a nonforward-looking or a forward-looking cost-efficient domestic firm exists in the importing country, then trade liberalization also encourages tacit collusion.
關鍵字
語言 en_US
ISSN 0965-7576
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度 是
國別 USA
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/112401 )