Imperfect competition in international trade

✍ Scribed by Winston W. Chang, Seiichi Katayama (auth.), Winston W. Chang, Seiichi Katayama (eds.)

• Publisher: Springer US
• Year: 1995
• Tongue: English
• Leaves: 275
• Edition: 1
• Category: Library

✦ Synopsis

A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition. Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a more realistic view of the world economy. The book builds on the advances provided by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade issues which arise under imperfect competition. Section two examines implications for trade policy covering issues such as strategic trade policy in static and dynamic settings. Section three deals with various structural issues, such as optimal choice of trade liberalizing policies, the formation of trade blocks, and open dualistic economy with externalities.

✦ Table of Contents

Front Matter....Pages i-xi
Introduction....Pages 1-12
Front Matter....Pages 13-13
Theory and Policy of Trade with Imperfect Competition....Pages 15-52
The Gains from Free Trade under Imperfect Competition....Pages 53-62
On the Behavior of Monopoly in General Equilibrium Trade Models....Pages 63-78
The International Diffusion of the Fruits of Technical Progress under Imperfect Competition....Pages 79-98
Front Matter....Pages 99-99
Demand Behavior and Import Policy....Pages 101-108
Elimination of Firm and Welfare under International Oligopoly....Pages 109-120
Intermediate Input Dependency, Technology Catch-Up, and Strategic Trade Policy....Pages 121-141
Tariff Protection, Imperfect Competition, and Time Consistency....Pages 143-158
Imperfect Competition, Intra-Industry Trade, and Trade Policy....Pages 159-173
Dynamic Effects of Subsidies on Output and R&D in an International Export Rivalry Model....Pages 175-184
Front Matter....Pages 185-185
Endogenous Dualistic Structure, Marshallian Externalities, and Industrialization....Pages 187-206
Intercountry Gaps in Increasing-Returns-To-Scale Technologies and the Choice Among International Economic Regimes....Pages 207-229
Retaliatory Mechanisms for Eliminating Trade Barriers: Aggressive Unilateralism VS. Gatt Cooperation....Pages 231-248
The Impact of EC92 on the Third Country: A Simple Analytical Framework under Imperfect Competition....Pages 249-266
Back Matter....Pages 267-271

✦ Subjects

International Economics; Economic Theory; Business/Management Science, general