ENDOGENOUS MARKET STRUCTURES IN INTERNATIONAL-TRADE (NATURA-FACIT-SALTUM)
成果类型：
Article
署名作者：
HORSTMANN, IJ; MARKUSEN, JR
署名单位：
University of Colorado System; University of Colorado Boulder; National Bureau of Economic Research
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(92)90038-L
发表日期：
1992
页码：
109-129
关键词：
摘要：
Almost all of the large literature on international trade with imperfect competition assumes exogenous market structures. The purpose of this paper is to develop a simple model that generates alternative market structures as Nash equilibria for different parameterizations of the basic model. Equilibrium market structure is a function of the underlying technology. Familiar configurations such as a duopoly competing in exports or a single multinational producing in both markets arise as special cases. Small tax-policy changes can produce large welfare effects as the equilibrium market structure shifts, implying discontinuous jumps in prices, quantities, and profits.