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Oligopoly and Trade

Leahy, Dermot and Neary, Peter (2010) Oligopoly and Trade. NUI Maynooth. (Unpublished)

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Abstract

In this chapter we present a selective analytic survey of some of the main results of trade under oligopoly. We concentrate on three topics: oligopoly as an independent determinant of trade, as illustrated by the reciprocal-markets model of Brander (1981); oligopoly as an independent rationale for government intervention, as illustrated by strategic trade and industrial policy in the third-market model of Spencer and Brander (1983); and the challenges and potential of embedding trade under oligopoly in general equilibrium as illustrated by the GOLE model of Neary (2002).

Item Type: Other
Keywords: GOLE (General Oligopolistic Equilibrium); reciprocal dumping; strategic trade policy.
Subjects: Social Sciences > Economics, Finance & Accounting
Item ID: 2316
Depositing User: Ms Sandra Doherty
Date Deposited: 10 Jan 2011 12:09
Publisher: NUI Maynooth
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