PRICE DUMPING IN INTERMEDIATE GOOD MARKETS

• 成果类型: Article
• 署名作者: BERNHOFEN, DM
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/0022-1996(94)01357-X
• 发表日期: 1995
• 页码: 159-173
• 关键词: DUMPING; oligopoly; VERTICAL INDUSTRY STRUCTURE

摘要

We analyze price dumping and anti-dumping duties in the context of a model with a vertical industry structure. Dumping in the intermediate good market arises from differences in country-specific final good production costs. The price differential, or dumping margin, is shown to increase as the productivity difference increases. An anti-dumping duty, designed to reduce the equilibrium price differential, has two effects on welfare: a welfare loss from reduced final good production and a contrasting gain achieved by producing the lower output level more efficiently.