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Export Subsidies and Market Structure in Imperfectly Competitive Markets
Title: | Export Subsidies and Market Structure in Imperfectly Competitive Markets |
Authors: | Kurata, Hiroshi Browse this author |
Keywords: | Market Structure, Export Subsidy, Market Size, Degree of Monopoly |
Issue Date: | Jul-2004 |
Publisher: | Faculty of Economics, Hokkaido University |
Journal Title: | Economic journal of Hokkaido University |
Volume: | 33 |
Start Page: | 177 |
End Page: | 190 |
Abstract: | This paper investigates the role of government in the determination of equilibrium market structure under imperfect competition. We show that market size, the degree of monopoly, and fixed cost for a plant are crucial. Multinational firms are likely to emerge in an economy with large markets, but the degree of monopoly may restrict this possibility. A higher degree of monopoly creates an incentive for governments to subsidize, and intra-industry trade may occur even in an economy with large markets. (JEL F12, F23, L13) |
Type: | bulletin (article) |
URI: | http://hdl.handle.net/2115/5394 |
Appears in Collections: | Economic Journal of Hokkaido University > Vol. 33
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