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...

Ausführliche Beschreibung

Bibliographische Detailangaben
Hauptverfasser: Neary, J, Leahy, D
Format: Working paper
Sprache:English
Veröffentlicht: Centre for Economic Performance, LSE 1998