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Blanchard, Pierre; Gaigne, Carl; Mathieu, Claude. |
We study the impact of trade liberalization on the international strategy of firms (to export and/or invest abroad as well as the number of varieties to be produced) when product differentiation is endogenous. By considering product differentiation as a strategic variable, our analysis sheds new light on the impact of trade barriers on the decision to produce abroad and on the choice of product range, in accordance with recent empirical evidence. We show, even though technology exhibits the same productivity for each variety, firms drop some of varieties with trade integration. In addition, our results reveal that, contrary to the standard theoretical literature, the relationship between the decision to export and trade costs is non-linear. When trade... |
Tipo: Working Paper |
Palavras-chave: Foreign direct investment; Exports; Multi-product competition; Endogenuos differentiation product; Trade integration; International Relations/Trade; F12; F23; L11; L25. |
Ano: 2012 |
URL: http://purl.umn.edu/121117 |
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Beghin, John C.. |
This paper is an overview of important findings regarding the ongoing evolution of Asian dairy markets based on a series of new economic investigations. These investigations provide systematic empirical foundations for assessing Asian dairy markets with their new consumption patterns, changing industries, and trade prospects under different domestic and trade policy regimes. The findings are drawn from four case studies (China, India, Japan, and Korea), as well as a prospective analysis of future regional patterns of consumption and a policy analysis of trade liberalization of Asian dairy markets. The overview distills the findings of these new investigations and integrates them in the earlier economic literature; it draws policy implications and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Asia; China; Dairy; India; Japan; Korea; Liberalization; Trade integration; Livestock Production/Industries. |
Ano: 2005 |
URL: http://purl.umn.edu/18303 |
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