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Multi-Product Exporters: Product Churning, Uncertainty and Export Discoveries

✍ Scribed by Leonardo Iacovone; Beata S. Javorcik


Book ID
111056243
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
785 KB
Volume
120
Category
Article
ISSN
0013-0133

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✍ Chi-Chur Chao; Eden S. H. Yu πŸ“‚ Article πŸ“… 1996 πŸ› John Wiley and Sons 🌐 English βš– 597 KB

Using a duopoly model of product differentiation with consistent conjectures, we show that, compared with the free-trade equilibrium, voluntary export restraints improve the profits of both the foreign firm and the home firm in both quantity and price competition. The changes in profits of the forei