For the better part of the past century, residential customers in the United States and many other countries have paid for electricity through a twopart tariff that has collected most of the revenue through a flat volumetric charge—that is, flat electricity rates paid in cents per kilowatt hour (¢/ kWh). In contrast, a large share of the cost of producing and delivering electricity does not var...

We investigate, from the perspective of auto industry, impact US steel and aluminum tariffs resumption under revised North American Free Trade Agreement, on trade in America foreign direct investment (FDI) Japan. The results our policy simulation analyses with a recursive dynamic computable general equilibrium model are as follows. Canada Mexico, being alternative partners other countries, woul...

This paper discusses a model of duopolistic competition in the context of international trade. There are two countries, a home and a foreign country, but consumption happens only in the home country. There are two differentiated (substitute) products, one produced at home and one abroad. Three policies that influence competition in the home country are considered: tariffs, subsidies and quotas....