Monopoly, Tariffs and Subsidies.

International trade theory usually assumes perfect competition, this being one of the more glaring of its deficiencies. This article is a limited attempt to explore some implications of assuming increasing returns and monopoly in an import-competing industry. The approach is subject to all the usual...

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Publicado en:Economica Vol. 34; no. 133; pp. 50 - 59
Autor principal: Corden, W. M.
Formato: Artículo
Publicado: Wiley-Blackwell Feb67
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Monopoly, Tariffs and Subsidies.
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        au: Corden, W. M.
        affil: The Australian National University, Canberra
      su:
        Monopolistic competition
        Demand function
        Profit maximization
        Profitability
        Corporate profits
        Tariff
        Subsidies
      sug:
        subj:
          Monopolistic competition
          Demand function
          Profit maximization
          Profitability
          Corporate profits
          Tariff
          Subsidies
      ab: International trade theory usually assumes perfect competition, this being one of the more glaring of its deficiencies. This article is a limited attempt to explore some implications of assuming increasing returns and monopoly in an import-competing industry. The approach is subject to all the usual limitations of partial equilibrium analysis. Assumptions are chosen so as to make the model relevant to considering the effects of tariffs and subsidies in a "young" industrializing economy which plays a relatively small part in world trade, such as Brazil or Australia.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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          year: 1967
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