Optimal Trade Policies and Production Technology in Vertically Related Markets

被引：14
|
作者：
Hwang, Hong [1 ]
Lin, Yan-Shu [2 ]
Yang, Ya-Po [3 ]
机构：
[1] Natl Taiwan Univ, Taipei 100, Taiwan
[2] Natl Dong Hwa Univ, Shoufeng 97401, Hualien, Taiwan
[3] So Taiwan Univ Technol, Dept Int Business, Tainan 71005, Taiwan
来源：
REVIEW OF INTERNATIONAL ECONOMICS | 2007年 / 15卷 / 04期
关键词：
D O I：
10.1111/j.1467-9396.2007.00669.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper shows that optimal trade policies for vertically related markets depend crucially on production technology. By employing a production function with variable-coefficient technology, it shows that return to scale is crucial in determining the direction of government intervention. Therefore, the assumption of fixed-coefficient production technologies, which has been popular in industrial organization and trade literature when modeling vertically related markets, should be used with caution.
引用
收藏
页码：823 / 835
页数：13
相关论文
共 50 条
  • [31] Endogenous Timing in Vertically-Related Markets
    Din, Hong-Ren
    Sun, Chia-Hung
    B E JOURNAL OF THEORETICAL ECONOMICS, 2018, 18 (02):
  • [32] Tariff and Quota Equivalence in Vertically Related Markets
    Hwang, Hong
    Kao, Kuo-Feng
    Peng, Cheng-Hau
    REVIEW OF DEVELOPMENT ECONOMICS, 2011, 15 (01) : 19 - 32
  • [33] Buyer power and exclusion in vertically related markets
    Gabrielsen, Tommy Staahl
    Johansen, Bjorn Olav
    INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 2015, 38 : 1 - 18
  • [34] STRATEGIC EXPORT POLICY IN VERTICALLY RELATED MARKETS
    Kawabata, Yasushi
    BULLETIN OF ECONOMIC RESEARCH, 2010, 62 (02) : 109 - 131
  • [35] Incentives and coordination in vertically related energy markets
    Ruperez Micola, Augusto
    Banal-Estanol, Albert
    Bunn, Derek W.
    JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2008, 67 (02) : 381 - 393
  • [36] Trade and technology transfer in a vertically differentiated industry
    Banerjee, Dyuti S.
    Marjit, Sugata
    JOURNAL OF ECONOMICS, 2009, 98 (01) : 67 - 75
  • [37] TRADE POLICIES AND VARIABILITY IN INTERNATIONAL GRAIN MARKETS
    MONKE, EA
    SALAM, SA
    FOOD POLICY, 1986, 11 (03) : 238 - 252
  • [38] The effects of trade policies on the Philippine fish markets
    Rodriguez, U-Primo E.
    Garcia, Yolanda T.
    RECONCILING FISHERIES WITH CONSERVATION, VOLS I AND II, 2008, 49 : 273 - 282
  • [39] Foreign direct investment in vertically related markets
    Milliou, Chrysovalantou
    Pavlou, Apostolis
    CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 2020, 53 (01): : 284 - 320
  • [40] Trade and technology transfer in a vertically differentiated industry
    Dyuti S. Banerjee
    Sugata Marjit
    Journal of Economics, 2009, 98 : 67 - 75
12345