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Trade Liberalization and Oligopolistic Industries : A Welfare Appraisal

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  • Tito CORDELLA

    (Université Catholique de Louvain)

Abstract

Cet article essaie d'évaluer, à travers un exemple, les effets en termes de bien-être de la libéralisation des échanges intra-industriels entre deux pays. Si il est vrai que la libéralisation des échanges accroît le bien être « mondial », sous certaines conditions un des deux pays peut avoir intérêt à conserver une situation d'autarcie. Les paramètres qui nous permettrons de juger du caractère bénéfique de l'ouverture du marché domestique à la compétition étrangère sont les tailles relatives des marchés interne et étranger, ainsi que la taille de l'industrie considérée. La prescription de libre-échange sur base unilatérale est valide seulement si l'industrie étrangère est très compétitive et, seulement dans ce cas, les gains des consommateurs compensent les pertes des producteurs. Finalement nous montrons que, si les politiques commerciales sont décidées d'une façon non-cooperative, le libre-échange ne peut jamais être un équilibre de Nash.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (REL - Recherches Economiques de Louvain) with number 1993033.

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Length: 11
Date of creation: 01 Sep 1993
Date of revision:
Handle: RePEc:ctl:louvre:1993033

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Cited by:
  1. Tharakan, Joe & Thisse, Jacques-François, 2001. "The Importance of Being Small. Or When Countries are Areas and not Points," CEPR Discussion Papers 2938, C.E.P.R. Discussion Papers.
  2. Ana Mauleon & Huasheng Song & Vincent Vannetelbosch, 2010. "Networks of Free Trade Agreements among Heterogeneous Countries," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(3), pages 471-500, 06.
  3. Antonio Cabrales & Massimo Motta, 1996. "Country asymmetries, endogenous product choice and the speed of trade liberalization," Economics Working Papers 259, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1998.
  4. MONER COLONQUES , Rafael, 1995. "Cost Uncertainty and Trade Liberalization in International Oligopoly," CORE Discussion Papers 1995068, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Cabrales, Antonio & Motta, Massimo, 2001. "Country asymmetries, endogenous product choice and the timing of trade liberalization," European Economic Review, Elsevier, vol. 45(1), pages 87-107, January.
  6. José J. Sempere Monerris & Rafael Moner Colonques & Amparo Urbano Salvador, 2010. "Trade liberalization in vertically related markets," Working Papers. Serie AD 2010-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

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