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Subsidios a la exportación, competencia de precios e integración vertical

Author

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  • Medrano, Leonardo

    (División de Economía, Centro de Investigación y Docencia Económicas)

Abstract

This paper analyzes the role of exports subsidies when a domestic firm and a foreign firm compete in prices with differentiated goods, and the input to manufacture the exportable good is produced by a local monopoly. In then studies the interaction between government and industry regarding export policy and industry vertical integration decisions. In this context, it shows that it is optimal to subsidize exports when industry is not integrated and that this export policy could create incentives for the industry to be vertically separated. It also shows that it is optimal not to subsidize exports when industry is integrated.// Este artículo estudia el papel de los subsidios a la exportación cuando una empresa nacional y otra extranjera compiten en precios con productos diferenciados, y el insumo para fabricar el bien exportable es producido por un monopolio local. Analiza las interacciones entre el gobierno y la industria respecto a la política comercial y la decisión respecto a la integración vertical por parte de las empresas. En este contexto, muestra que es óptimo subsidiar las exportaciones cuando la industria no está verticalmente integrada y no subsidiar las exportaciones cuando la industria está integrada. Esta política puede crear incentivos a la industria a mantenerse verticalmente separada.

Suggested Citation

  • Medrano, Leonardo, 2000. "Subsidios a la exportación, competencia de precios e integración vertical," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(267), pages 323-336, julio-sep.
    • Handle: RePEc:elt:journl:v:67:y:2000:i:267:p:323-336
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