Browsing Department of Economics by Subject "JEL Classification Number: F15"

Now showing items 1-8 of 8

    • Equilibrium parallel import policies and international market structure 
      Roy, Santanu; Saggi, Kamal (Vanderbilt University, 2011)
      In a North-South vertically differentiated duopoly, we derive equilibrium government policies towards parallel imports (PIs). By incorporating strategic interaction at the policy-setting stage and the product market, the ...
    • Is the WTO's Article XXIV Bad? 
      Mrazova, Monika; Vines, David; Zissimos, Ben (Vanderbilt University, 2009)
      This paper shows that the WTO's Article XXIV increases the likelihood of free trade, but may worsen world welfare when free trade is not reached and customs unions (CUs) form. We consider a model of many countries. Article ...
    • Market power in the global economy: the exhaustion and protection of intellectual property 
      Saggi, Kamal (Vanderbilt University, 2011)
      This paper analyzes economic linkages between the exhaustion and protection of intellectual property. We consider a North-South model, where a firm that enjoys monopoly status in the North by virtue of an intellectual ...
    • Pampered Bureaucracy and Trade Liberalization 
      Stroup, Caleb; Zissimos, Ben (Vanderbilt University, 2010)
      This paper shows how a nation's elite maintain ownership of their wealth by creating a `pampered bureaucracy.' The elite thus divert part of an otherwise entrepreneurial middle class from more productive manufacturing ...
    • Strategic Competition and Optimal Parallel Import Policy 
      Saggi, Kamal; Roy, Santanu (Vanderbilt University, 2011)
      This paper shows that parallel import policy can act as an instrument of strategic trade policy. We demonstrate this result in two-country international duopoly where a domestic monopolist competes with a rival firm in the ...
    • The GATT and Gradualism 
      Zissimos, Ben (Vanderbilt University, 2006)
      This paper shows how the institutional rules imposed on its signatories by the GATT created a strategic incentive for countries to liberalize gradually. Trade liberalization must be gradual, and free trade can never be ...
    • The Structure and Performance of the World Market in a Cobb-Douglas Example 
      Zissimos, Ben (Vanderbilt University, 2006)
      In an international trading economy where countries set tariffs strategically, modeled using a Cobb-Douglas example, this paper studies the relationship between the structure and the performance of the world market. Using ...
    • Why are Trade Agreements Regional? 
      Zissimos, Ben (Vanderbilt University, 2010)
      This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance ...