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Trade and Industrial Policy under International Oligopoly

$46.99 (C)

  • Date Published: July 2007
  • availability: Available
  • format: Paperback
  • isbn: 9780521038171

$ 46.99 (C)

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About the Authors
  • 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.

    • Research includes industrial policies and firms of differing efficiency levels
    • Deals with asymmetry within a country
    • Extensive consideration of foreign direct investment
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    Product details

    • Date Published: July 2007
    • format: Paperback
    • isbn: 9780521038171
    • length: 164 pages
    • dimensions: 229 x 152 x 10 mm
    • weight: 0.25kg
    • contains: 8 b/w illus. 5 tables
    • availability: Available
  • Table of Contents

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

  • Authors

    Sajal Lahiri, Southern Illinois University, Carbondale
    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, University of Osaka, Japan
    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.

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