Inefficient trade patterns: Excessive trade, cross-hauling and dumping

• 成果类型: Article
• 署名作者: Eden, Benjamin
• 署名单位: Vanderbilt University; University of Haifa
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2006.11.005
• 发表日期: 2007
• 页码: 175-188
• 关键词: demand uncertainty; sequential trade; cross-hauling; dumping; excessive trade

摘要

I study an example of a competitive environment in which trade occurs in a sequential manner. In this example, a country with a stable demand may suffer from trade with a country with unstable demand, there may be too much trade, a country may import and export the same good in the same period (cross-hauling) and dumping may occur. The timing of delivery is important. When delivery occurs before trade (delivery to stocks), trade improves welfare, there is dumping but no cross-hauling. When delivery occurs after trade (delivery to order), trade may reduce welfare and cross-hauling may occur. (c) 2007 Elsevier B.V. All rights reserved.