학술저널
Strategic Trade Policy and International Trade in the Presence of International Cross-Ownership
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 14 No.2
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2001.06153 - 167 (14 pages)
- 2
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This paper examines the effects of international cross-ownership of firms on trade pattern and social welfare in the three-country trade model in which firms in oligopolistic industry of two countries engage in intra-industry trade and export to the third country as well. The paper shows how international ownership of firms affects trade flow and firm values via strategic trade policies in such a model. The paper also considers the effect of inter national ownership on national welfare and world welfare.
Abstract
Ⅰ. Introduction
Ⅱ. The Model: Cournot-Nash Oligopoly
Ⅲ. Social Welfare and Trade Regime
Ⅳ. Concluding Remarks
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