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Trade and Industrial Policy under International Oligopoly

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ISBN-10: 0521038170

ISBN-13: 9780521038171

Edition: 2007

Authors: Sajal Lahiri, Yoshiyasu Ono

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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.
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Book details

Copyright year: 2007
Publisher: Cambridge University Press
Publication date: 7/2/2007
Binding: Paperback
Pages: 164
Size: 5.75" wide x 8.75" long x 0.25" tall
Weight: 0.550
Language: English

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.

List of figures
List of tables
Cost asymmetry and industrial policy in a closed economy
R&D policy
Trade and industrial policy under foreign penetration
Trade and industrial policy under asymmetric oligopoly: a synthesis
Trade policy when producers and sellers differ
Foreign penetration in the presence of unemployment
Local content requirement and profit taxation
Export-oriented foreign direct investment
Lobbying for local content requirement
Foreign direct investment in the presence of cross-hauling