Entry, Dumping, and Shakeout
This paper studies the process of entry, dumping, and shakeout and the properties of the free-trade equilibrium that results in a world in which countries differ in their stock of technological knowledge but not necessarily in their stock of technological capability. The model can account for the dumping of products by newly industrializing countries and technological newcom ers at a price that fails to cover average cost in the face of a surge i n world demand for the dumped product, a phenomenon that has not been uncommon in recent years. Copyright 1993 by American Economic Association.
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Volume (Year): 83 (1993)
Issue (Month): 1 (March)
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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.:
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