Assisting Domestic Industries under International Oligopoly: The Relevance of the Nature of Competition to Optimal Policies
推导了由国内外两家企业供应本国市场时的最优贸易和产业政策,发现政策组合对双寡头竞争性质(古诺或伯特兰)高度敏感,例如古诺竞争下最优政策是生产税加关税,而伯特兰竞争下则是生产补贴加自由贸易。
Optimal trade and industrial policies are derived for a home market that is supplied by a domestic firm and a foreign firm. The optimal policy combination can be quite sensitive to the nature of the duopoly's competition. For example, for some cost and demand s tructures, the optimal policy under Cournot competition consists of a domestic production tax and a tariff, but that under Bertrand compet ition consists of a production subsidy and free trade. Copyright 1988 by American Economic Association.