Trade Policy Under Imperfect Competition: A Numerical Analysis.

This paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly competitive industries. A wide range of industries are studied and for each industry eight different types of firm and industry equilibrium concept are employed, so that the sensiti...

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Main Author: Venables, A
Format: Working paper
Language:English
Published: CEPR 1990
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author Venables, A
author_facet Venables, A
author_sort Venables, A
collection OXFORD
description This paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly competitive industries. A wide range of industries are studied and for each industry eight different types of firm and industry equilibrium concept are employed, so that the sensitivity of results with respect to equilibrium concept can be investigated. We find that results are relatively insensitive to the equilibrium concept used. Welfare gains from tariffs are robust to changes in the specification of equilibrium, although the size of these gains are small. Moving between types of equilibrium changes the magnitude of the gains from export subsidies, although only in a few cases does the sign of this effect change; the gains from export subsidies are, however, small in all case.
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spelling oxford-uuid:047a268e-66f3-4187-ab3b-07a3e8c8073f2022-03-26T08:52:00ZTrade Policy Under Imperfect Competition: A Numerical Analysis.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:047a268e-66f3-4187-ab3b-07a3e8c8073fEnglishDepartment of Economics - ePrintsCEPR1990Venables, AThis paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly competitive industries. A wide range of industries are studied and for each industry eight different types of firm and industry equilibrium concept are employed, so that the sensitivity of results with respect to equilibrium concept can be investigated. We find that results are relatively insensitive to the equilibrium concept used. Welfare gains from tariffs are robust to changes in the specification of equilibrium, although the size of these gains are small. Moving between types of equilibrium changes the magnitude of the gains from export subsidies, although only in a few cases does the sign of this effect change; the gains from export subsidies are, however, small in all case.
spellingShingle Venables, A
Trade Policy Under Imperfect Competition: A Numerical Analysis.
title Trade Policy Under Imperfect Competition: A Numerical Analysis.
title_full Trade Policy Under Imperfect Competition: A Numerical Analysis.
title_fullStr Trade Policy Under Imperfect Competition: A Numerical Analysis.
title_full_unstemmed Trade Policy Under Imperfect Competition: A Numerical Analysis.
title_short Trade Policy Under Imperfect Competition: A Numerical Analysis.
title_sort trade policy under imperfect competition a numerical analysis
work_keys_str_mv AT venablesa tradepolicyunderimperfectcompetitionanumericalanalysis