Strategic Trade and Industrial PolicyTowards Dynamic Oligopolies.
In this paper 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 Fud...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Centre for Economic Performance, LSE
1998
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