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Free trade versus autarky under asymmetric Cournot oligopoly
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dc.contributor.author | Amir, Rabah | |
dc.contributor.author | Jin, Jim Y. | |
dc.contributor.author | Tröge, Michael | |
dc.date.accessioned | 2018-08-23T23:40:34Z | |
dc.date.available | 2018-08-23T23:40:34Z | |
dc.date.issued | 2017-02 | |
dc.identifier | 245326097 | |
dc.identifier | a4e477eb-70e3-4d3b-8ff2-910ec747e496 | |
dc.identifier | 84983242586 | |
dc.identifier | 000392502200005 | |
dc.identifier.citation | Amir , R , Jin , J Y & Tröge , M 2017 , ' Free trade versus autarky under asymmetric Cournot oligopoly ' , Review of International Economics , vol. 25 , no. 1 , pp. 98-107 . https://doi.org/10.1111/roie.12257 | en |
dc.identifier.issn | 1467-9396 | |
dc.identifier.other | Bibtex: urn:70cf16a7acd09085762536d0419ccfe6 | |
dc.identifier.uri | https://hdl.handle.net/10023/15870 | |
dc.description.abstract | The paper compares free trade with autarky in an asymmetric multi-country world under Cournot competition with constant returns to scale and linear demand. We derive respective conditions under which free trade will hurt a country's consumers, benefit its firms, induce it to export, increase its output and raise its welfare. We show that these conditions are linked in a clear order, with one implying the next. We further demonstrate that free trade can reduce world total output and total consumer surplus as well as world welfare. Along the way, we correct several oversights in the literature. | |
dc.format.extent | 10 | |
dc.format.extent | 827322 | |
dc.language.iso | eng | |
dc.relation.ispartof | Review of International Economics | en |
dc.subject | HB Economic Theory | en |
dc.subject | NDAS | en |
dc.subject | BDC | en |
dc.subject.lcc | HB | en |
dc.title | Free trade versus autarky under asymmetric Cournot oligopoly | en |
dc.type | Journal article | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | https://doi.org/10.1111/roie.12257 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2018-08-24 |
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