Strategic Trade Policy when Firms are not Identical: Impracticalities of Information
We derive the characteristics of firm-specific trade policies when industries consist of heterogeneous firms, and show how the informational requirements for policy design are thereby expanded. A consideration of these informational requirements indicates that governments will confront formidable difficulties in implementing the optimal policies.
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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.|
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