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Trade Liberalization and the Degree of Competition in International Duopoly

机译:贸易自由化与国际双寡头的竞争程度

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This paper analyzes how a reduction in trade costs influences the possibility for firms to engage in international cartels, and hence how trade liberalization affects the degree of competition. We consider a particular intra-industry trade model amended to allow for firms producing differentiated products. Our main finding is that trade liberalization may have an anti-competitive effect. We find that there is no unique relation between a reduction in trade costs and the degree of competition. When products are differentiated, a lowering of trade costs is pro-competitive if trade costs are initially high, but anti-competitive if trade costs initially are low. Hence, trade policy is not necessarily a substitute for competition policy.
机译:本文分析了贸易成本降低如何影响企业参与国际卡特尔的可能性,以及贸易自由化如何影响竞争程度。我们考虑修改特定的行业内贸易模型,以允许生产差异化产品的公司。我们的主要发现是贸易自由化可能产生反竞争作用。我们发现,降低贸易成本和竞争程度之间没有独特的关系。当产品具有差异性时,如果最初的贸易成本较高,则降低贸易成本具有竞争优势,而如果最初的贸易成本较低,则降低竞争成本具有竞争优势。因此,贸易政策不一定能替代竞争政策。

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  • 来源
    《Review of international economics》 |2013年第5期|1048-1059|共12页
  • 作者单位

    Department of Economics, University of Copenhagen, Oster Farimagsgade 5, building 26, DK-1353 Copenhagen K, Denmark;

    Institute of Food and Resource Economics, University of Copenhagen, Rolighedsvej 25, DK-1958, Frederiksberg C, Denmark;

    Danmarks Nationalbank, Havnegade 5, DK-1093 Copenhagen K, Denmark;

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