Download or read book Testing an Imperfect Competition Model of Trade written by Matthew R. Lynde and published by . This book was released on 1988 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revisiting the Revisited written by Isao Kamata and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes an alternative test of the monopolistic competition model of international trade that has an implication for the relationship between the volume of trade and similarity among trading countries in the size of the economy. In the existing literature the model's implication has been tested for aggregate trade, which includes the sectors that are not characterized by product differentiation. In contrast, this paper focuses on trade of differentiated products that the monopolistic competition model directly aims to describe, and derives an equation predicting that the volume of trade in the differentiated sectors will be larger as the trading countries are more similar in GDP and more symmetric in production structure. This prediction is tested using disaggregated data on trade and manufacturing production, employing a non-linear estimation method to handle zero-trade observations. The result shows that the predicted positive correlation between the volume of trade and the size similarity among countries is significant for both aggregate and differentiated sectors, regardless of whether the trade is among OECD or non-OECD countries. This result, contrary to Debaere's (2005) conclusion, brings us back to the puzzle presented by Hummels and Levinsohn (1995). Moreover, the proposed alternative approach in this paper demonstrates the following: (i) trade in the differentiated sectors among OECD countries is very well explained by the monopolistic competition model; however, (ii) for non-OECD countries, the predicted relationship between the volume of trade and the (adjusted) size similarity among countries is more pronounced in the non-differentiated sectors than in the differentiated sectors, which is counter to what the model suggests. The second point suggests that trade flows among non-rich countries may be driven or crucially influenced by some other mechanism than what is described by the monopolistic competition model.
Download or read book Testing Trade Theories and Predicting Trade Flows written by Alan V. Deardorff and published by . This book was released on 1982 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Policy Scale Economies and Imperfect Competition in Applied Models written by Joseph F. Francois and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition in International Trade written by S. B. Rangnekar and published by . This book was released on 1947 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evidence on Imperfect Competition and Strategic Trade Theory written by Jeffrey J. Reimer and published by . This book was released on 2006 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Policy with Increasing Returns and Imperfect Competition written by James R. Markusen and published by London : Department of Economics, University of Western Ontario. This book was released on 1986 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Theory of Imperfect Competition in International Trade and Investment written by Motoshige Itō and published by . This book was released on 1980 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition Intra industry Trade and Non linear Demand and Cost Functions written by Hisayuki Okamoto and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Empirical Studies of Strategic Trade Policy written by Paul Krugman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense—by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth. The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models. International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.
Download or read book Imperfect competition in international trade written by Winston Chang and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade and the Gains from Trade with Imperfect Competition written by James R. Markusen and published by London : Department of Economics, University of Western Ontario. This book was released on 1980 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition Trade Patterns and Trade Policies written by Xiangqun Chen and published by . This book was released on 1993 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade and Imperfect Competition written by Qian Zhang and published by . This book was released on 1996 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition in Firm to firm Trade written by Emmanuel Dhyne and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition Scale Economies and International Trade written by David Scott Laster and published by . This book was released on 1991 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
