This paper develops and estimates a structural model of imperfect competition in international markets. The model incorporates a flexible non-linear demand framework with structural price equations. A general conjonctural variation approach is developed to characterize strategic interaction. This allows the simultaneous evaluation of the sector-specific terms of trade effects of a Preferential Trade Agreement (PTA), and the extend of international competition in the sector under consideration. The model is then used to evaluate the impact of the Lebanese-Egyptian PTA on the iron and steel import sector in Lebanon. Results confirm the need of a structural approach in the empirical assessment of PTAs. ...French Abstract : Un modèle structurel de la concurrence imparfaite dans les marchés internationaux est développé et estimé. Le modèle incorpore une demande non linéaire flexible et un système d'équations de prix structurel. Une approche utilisant la méthode des variations conjecturales permet alors de caractériser le comportement stratégique des firmes-pays qui exportent vers un marché donné. Ceci permet d'évaluer simultanément les effets de la signature d'un accord de libre-échange sur un secteur donné et la mesure du degré de concurrence sur ce secteur. On présente aussi une application empirique du modèle en évaluant l'impact de l'accord de libre-échange libano égyptien sur le secteur d'importation de l'acier au Liban. Les résultats obtenus confirment la nécessité de prendre en compte la dimension structurelle dans l'évaluation empirique des effets des accords de libre-échange.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by French Institute for Agronomy Research (INRA), Economics Laboratory in Toulouse (ESR Toulouse) in its series Economics Working Paper Archive (Toulouse) with number
200415.
Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Dixit, Avinash K, 1986.
"Comparative Statics for Oligopoly,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(1), pages 107-22, February.
[Downloadable!] (restricted)