학술저널
Dynamic Trade Policy
Dynamic Trade Policy
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제12권 제4호
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1997.12561 - 571 (11 pages)
- 0
This paper considers a dynamic model of strategic export subsidy/tax game in which governments have an option of choosing open-loop or closed-loop trade policies. In a simple two-period Bertrand duopoly model, it is shown that all subgame-perfect equilibria are asymmetric even when the underlying game is symmetric. (JEL Classification: F12, F13)
Ⅰ. Introduction
Ⅱ. The Model
Ⅲ. Analysis
Ⅳ. Concluding Remarks
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