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Imperfect Market Structure And International Trade ‐ Some Recent Research

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  • Alexis Jacquemin

Abstract

In this paper, three aspects of the potential gains form trade in an imperfect competition framework are considered in the light of recent research: the presumption that free trade reduces the monopolistic distorsions of imperfect domestic markets; the role of international openness as a way of making room for more efficient‐size sellers in the domestic market; its effect upon the appearance of new products and increase in the total number of products. Theoretical and empirical research suggest that trade is indeed likely to improve allocative as well as technical efficiency and often to promote more product varieties.

Suggested Citation

  • Alexis Jacquemin, 1982. "Imperfect Market Structure And International Trade ‐ Some Recent Research," Kyklos, Wiley Blackwell, vol. 35(1), pages 75-93, February.
    • Handle: RePEc:bla:kyklos:v:35:y:1982:i:1:p:75-93
    DOI: 10.1111/j.1467-6435.1982.tb01216.x
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    Citations

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    Cited by:

    1. Ian M. Sheldon, 2021. "Reflections on a Career as an Industrial Organization and International Economist," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 468-499, June.
    2. Akbar Ullah & Ejaz Ghani & Attiya Y. Javed, 2013. "Market Power and Industrial Performance in Pakistan," PIDE-Working Papers 2013:88, Pakistan Institute of Development Economics.
    3. Caporale, Guglielmo Maria, 1994. "The Measurement of Productivity and Market Structure in the UK," Bulletin of Economic Research, Wiley Blackwell, vol. 46(1), pages 61-70, January.
    4. Hansson, Pär, 1990. "The Discipline of Imports in the Light of 1992: The Case of Sweden," Working Paper Series 274, Research Institute of Industrial Economics.
    5. Joakim Gullstrand & Helena Johansson, 2005. "The Disciplinary Effect of the Single Market on Swedish Firms," Open Economies Review, Springer, vol. 16(4), pages 381-398, October.
    6. repec:zbw:bofrdp:1989_037 is not listed on IDEAS
    7. Olarreaga, Marcelo & Kee, Hiau Looi, 2001. "Mark-ups, Entry Regulation and Trade: Does Country Size Matter?," CEPR Discussion Papers 2853, C.E.P.R. Discussion Papers.
    8. Lorenzo Pupillo & Klaus Zimmermann, 1991. "Relative export prices and firm size in imperfect markets," Open Economies Review, Springer, vol. 2(3), pages 295-304, October.
    9. Toraubally, Waseem A., 2022. "Strategic trading and Ricardian comparative advantage," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 428-447.
    10. Lahti, Ari, 1989. "Macroeconomic effects of European integration on the Finnish economy: A simulation study," Bank of Finland Research Discussion Papers 37/1989, Bank of Finland.
    11. Duc-Loi Phan & Olivier Gaussens & Claude Clair, 1984. "Le commerce international intra-branche et ses déterminants d'après le schéma de concurrence monopolistique : une vérification empirique," Revue Économique, Programme National Persée, vol. 35(2), pages 347-378.
    12. Alejandro Castañeda Sabido & David Mulato, 2006. "Market Structure: Concentration and Imports as Determinants of Industry Margins," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 21(2), pages 177-202.
    13. Lourdes Moreno & Diego Rodríguez, 2004. "Domestic and Foreign Price/Marginal‐cost Margins: an Application to Spanish Manufacturing Firms," Review of International Economics, Wiley Blackwell, vol. 12(1), pages 60-80, February.
    14. Vosgerau, Hans-Jürgen, 1993. "Trade policy and competition policy in Europe: Complementarities and contradictions," Discussion Papers, Series II 198, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    15. Cihan Yalcin, 2000. "Price-Cost Margins and Trade Liberalization in Turkish Manufacturing Industry : A Panel Data Analysis," Discussion Papers 0001, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    16. Ali Culha & Cihan Yalcin, 2005. "The Determinants of the Price-Cost Margins of the Manufacturing Firms in Turkey," Working Papers 0515, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    17. Martha K. Field & Emilio Pagoulatos, 1997. "The Cyclical Behavior of Price Elasticity of Demand," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 118-129, July.
    18. Lahti, Ari, 1989. "Macroeconomic effects of European integration on the Finnish economy : A simulation study," Research Discussion Papers 37/1989, Bank of Finland.
    19. Lourdes Moreno Martín & Diego Rodríguez Rodríguez, "undated". "Domestic and Foreign Price-Marginal Cost Margins: An Application to Spain Manufacturing Firms," Working Papers on International Economics and Finance 00-03, FEDEA.
    20. Lahti, Ari, 1990. "Macroeconomic Effects of European Integration on the Finnish Economy: A Simulation Study," Working Paper Series 271, Research Institute of Industrial Economics.

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