Strategic Trade and Industrial Policy towards Dynamic Oligopolies.
We characterise optimal trade and industrial policy in dynamic oligopolistic markets. If governments can commit to future policies, optimal first-period intervention should diverge from the profit-shifting benchmark to an extent which exactly offsets the strategic behaviour implied by Fudenberg and...
Main Authors: | Neary, J, Leahy, D |
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Format: | Journal article |
Language: | English |
Published: |
Blackwell Publishing
2000
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