Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions.

A number of recent papers reach different conclusions concerning the effects of trade and industrial policy on imperfectly competitive industries; the implications for policy are therefore sensitive to assumptions concerning both firm behaviour and market structure. This paper sets out a single mode...

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Bibliographic Details
Main Authors: Markusen, J, Venables, A
Format: Working paper
Language:English
Published: CEPR 1986