ENDOGENOUS PROBABILITY OF PROTECTION AND FIRM BEHAVIOR
成果类型：
Article
署名作者：
FISCHER, RD
署名单位：
University of Virginia
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(92)90040-Q
发表日期：
1992
页码：
149-163
关键词：
摘要：
This paper studies the strategic reactions of firms to protectionist policies that are enforced with endogenous probability. This probability is a function of firms' actions. Firms in the country that may adopt the protectionist measures try to increase the probability of sanctions, while foreign firms try to reduce this probability. A simple framework is used to derive general results for uncertain protection. This framework is used to analyze the responses to specific protectionist policies such as antidumping legislation and restrictions on the import market share. Finally, the paper studies the welfare implications of the model.