Subsidized buyer credits: Atypical results in strategic trade theory
نویسندگان
چکیده
منابع مشابه
Buyer groups as strategic commitments
Buyer cooperatives, buyer alliances, and horizontal mergers are often perceived as attempts to increase buyer power. While prior theoretical and empirical work has emphasized that buyer size can increase buyer surplus, I show that even a small group of buyers with heterogeneous preferences can increase price competition among rival sellers by forming a buyer group and committing to buy exclusiv...
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Strategic trade theory shows that government intervention in markets with small numbers of traders can boost the welfare of a country relative to free trade. This survey critically assesses the empirical evidence regarding this possibility. One finding is that while many international food and agricultural markets are characterized by oligopoly, price-cost markups tend to be small, and the pote...
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The International Agricultural Trade Research Consortium is an informal association of University and Government economists interested in agricultural trade. Its purpose is to foster interaction, improve research capacity and to focus on relevant trade policy issues. It is financed by United States Department of Agriculture (ERS, and FAS), Agriculture and Agri-Food Canada and the participating ...
متن کاملEvidence on Imperfect Competition and Strategic Trade Theory
Strategic trade theory shows that government intervention in markets with small numbers of traders can boost the welfare of a country relative to free trade. This survey critically assesses the empirical evidence regarding this possibility. One finding is that while many international food and agricultural markets are characterized by oligopoly, price-cost markups tend to be small, and the pote...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 1995
ISSN: 0165-1765
DOI: 10.1016/0165-1765(94)00541-9