STRATEGIC TRADE PRACTICES IN THE PRESENCE OF A VER
成果类型:
Article
署名作者:
DEAN, JM; GANGOPADHYAY, S
署名单位:
Indian Statistical Institute; Indian Statistical Institute Kolkata
刊物名称:
INTERNATIONAL ECONOMIC REVIEW
ISSN/ISSBN:
0020-6598
DOI:
10.2307/2527131
发表日期:
1992
页码:
645-659
关键词:
quotas
摘要:
We investigate the choice of competing exporters to move simultaneously or sequentially, when a VER has introduced both asymmetry and uncertainty amongst them. A restrained and an unrestrained exporter choose price strategically, under the threat of a VER on the latter. Given the choice, firms adopt a sequential move strategy, but which leads and which follows depends upon the threat of the second VER. The restricted firm thus sells its full quota, even if this threat is low.
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