Trade And Industrial Policy Under International Oligopoly
by Sajal Lahiri /
2003 / English / PDF
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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 t to researchers, advanced students and policy makers.