Trade policy and market structure

Bibliographic Information

Trade policy and market structure

Elhanan Helpman and Paul R. Krugman

MIT Press, c1989

  • : hdk
  • : pbk

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Note

Includes bibliographies and index

Description and Table of Contents

Volume

: hdk ISBN 9780262081825

Description

In their previous book "Market Structure and Foreign Trade, "Helpman and Krugman undertook a systematic analysis of the new trade theory characterized by imperfect competition. This book provides an overview of the new international trade's applied side. It is a compact guide to models of the effects of trade policy in imperfectly competitive markets, an up to date survey of existing knowledge that is extended by the authors' useful interpretations of the results and many original insights."Trade Policy and Market Structure "systematically develops the implications of trade policy under a number of different market structures. It begins with the effect of trade policy under pure competition and then skillfully develops the intuition necessary for understanding the more complicated imperfectly competitive models. Arguments are made more accessible through the use of diagrams, descriptions, and simple algebra.The book synthesizes the arguments of all the major contributors to the policy applications of the new international economics: Jagdish Bhagwati, James Brander, Avinash Dixit, Jonathan Eaton, Gene Grossman, Richard Harris, Barbara Spencer, and Anthony Venables. Helpman and Krugman draw three themes from this extensive body of research that, expressed in terms of models, occur throughout the book: the effects of trade policy on market power, the strategic effect of trade policy on competition; and the effect of trade policy on consumer choice.Elhanan Helpman is Professor of Economics at Tel Aviv University. Paul R. Krugman is Professor of Economics at MIT.
Volume

: pbk ISBN 9780262580984

Description

This sequel to Market Structure and Foreign Trade examines the new international trade's applied side. It provides a compact guide to models of the effects of trade policy in imperfectly competitive markets, as well as an up-to-date survey of existing knowledge, which is extended by the authors' useful interpretations of the results.

Table of Contents

  • Part 1 Introduction: trade policy and market power
  • strategic effects
  • production efficiency
  • the political economy of the new theory
  • organization. Part 2 Trade policy under perfect competition: tariff analysis
  • import quotas
  • export subsidies and taxes
  • optimal trade taxes
  • a note on general equilibrium
  • domestic distortions and trade policy
  • algebra for small policy changes. Part 3 Protection and domestic market power: the case of an import-competing Monopolist
  • noncooperative domestic oligopoly
  • collusive domestic oligopoly. Part 4 Foreign market power: optimal policies against a foreign monopolist
  • trade taxes
  • quotas
  • optimal trade taxes
  • kinked demand
  • Cournot oligopoly
  • Bertrand oligopoly
  • ad valorem trade taxes
  • quotas under oligopoly
  • appendix to section 4.9. Part 5 Strategic export policy: competitive foreign conduct
  • profit shifting
  • price competition
  • entry with increasing returns
  • resource constraints
  • two-way export policies
  • consumption effects. Part 6 Strategic import policy: tariffs - the Cournot case
  • tariffs - the Bertrand case
  • import quotas. Part 7 Intraindustry trade: a basic monopolistic competition model
  • tariffs and the terms of trade
  • the production efficiency effect
  • tariffs that lower prices - the home market effect
  • tariffs and segmented markets. Part 8 Quantification: problems of quantification
  • models with fixed numbers of firms
  • models with free entry
  • general equilibrium modeling. Part 9 Conclusions: methodology
  • surprising effects of policy
  • the welfare effects of trade policy
  • where do we go from here?

by "Nielsen BookData"

Details

  • NCID
    BA07288228
  • ISBN
    • 0262081822
    • 0262580985
  • LCCN
    88032609
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Cambridge, Mass.
  • Pages/Volumes
    xii, 191 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
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