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International Trade under Oligopoly Conditions

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  • Roy J. Ruffin

Abstract

The paper gives a simple representation of how oligopoly affects the general theory of international trade. Three points are emphasized: the simplicity of trade under oligopoly in the Ricardian model; the equations describing the general equilibrium of a world economy with any number of goods, countries, and factors under oligopolistic conditions and an integrated world market; and a complete description of the solution of a Mill–Ricardo–Cournot model with oligopoly in one sector and perfect competition in the other.

Suggested Citation

  • Roy J. Ruffin, 2003. "International Trade under Oligopoly Conditions," Review of International Economics, Wiley Blackwell, vol. 11(4), pages 577-587, September.
    • Handle: RePEc:bla:reviec:v:11:y:2003:i:4:p:577-587
    DOI: 10.1111/1467-9396.00404
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    Cited by:

    1. Hamid Beladi & Reza Oladi, 2016. "On Mergers and Agglomeration," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 345-358, February.
    2. Rudy Colacicco, 2015. "Ten Years Of General Oligopolistic Equilibrium: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 29(5), pages 965-992, December.
    3. Yomogida, Morihiro, 2008. "Competition, technology, and trade in oligopolistic industries," International Review of Economics & Finance, Elsevier, vol. 17(1), pages 127-137.

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