A general equilibrium model of trilateral trade with oil duopoly

I study the economic implications of the world oil market dominated by OPEC and non-OPEC major oil producing countries using a general equilibrium model of trilateral trade with oil duopoly. There are three countries and three goods, x, y, and oil (z). Home (H) is endowed with good x . Foreign (F) i...

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Bibliographic Details
Main Author: Koo Woong Park
Format: Article
Language:English
Published: Emerald Publishing 2008-12-01
Series:Journal of International Logistics and Trade
Online Access:https://www.emerald.com/insight/content/doi/10.24006/jilt.2008.6.2.23/full/pdf