Trade and Industrial Policy under International Oligopoly / Edition 1

by Sajal Lahiri, Yoshiyasu Ono

Overview

The existence of firms with different levels of efficiency within a country plays an important role in this in-depth analysis of industrial and trade policies in a multi-country trade-theoretic framework. Sajal Lahiri and Yoshiyasu Ono examine various industrial policies, R&D subsidies and trade policies under conditions of imperfect competition in a product market created by the presence of Cournot oligopolistic interdependence in production. The book covers commodity trade (assuming full employment) and foreign direct investment (assuming unemployment) making it of interest to researchers, advanced students and policy makers.

Product Details

ISBN-13:	9780521770330
Publisher:	Cambridge University Press
Publication date:	12/04/2003
Edition description:	New Edition
Pages:	164
Product dimensions:	5.98(w) x 9.02(h) x 0.43(d)

About the Author

Sajal Lahiri is the Vandeveer Professor of Economics at Southern Illinois University at Carbondale, Illinois. He has published papers widely on international trade and development economics.

Yoshiyasu Ono is Professor of Economics at the Institute of Social and Economic Research, Osaka University. He is the author of numerous books and papers on industrial organization, international trade and dynamic macroeconomics.

Table of Contents

List of figures; List of tables; Preface; Introduction; 1. Cost asymmetry and industrial policy in a closed economy; 2. R&D policy; 3. Trade and industrial policy under foreign penetration; 4. Trade and industrial policy under asymmetric oligopoly: a synthesis; 5. Trade policy when producers and sellers differ; 6. Foreign penetration in the presence of unemployment; 7. Local content requirement and profit taxation; 8. Export-oriented foreign direct investment; 9. Lobbying for local content requirement; 10. Foreign direct investment in the presence of cross-hauling; Bibliography; Index.