Strategic Trade Policy Under Uncertainty*
作者:
Larry D. Qiu,
期刊:
Review of International Economics
(WILEY Available online 1995)
卷期:
Volume 3,
issue 1
页码: 75-85
ISSN:0965-7576
年代: 1995
DOI:10.1111/j.1467-9396.1995.tb00053.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
AbstractThis paper extends the Brander‐Spencer (1985) model by considering market uncertainty, exploring nonlinear policy, and examining firms' choices of strategic variables. By investigating the interrelationship between trade policy and market conduct, we find that unlike the often‐studied linear policy, a nonlinear policy can influence the domestic firm's choice of strategic variables and hence alter the market conduct in favor of the domestic country. Therefore, a nonlinear policy provesstrictlysuperior to a linear
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