Imperfect Competition, State Trading and Japan's Imports of Rice

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Imperfect Competition , State Trading and Japan ' s Imports of Rice Donald MacLaren

In the negotiations on agriculture in the World Trade Organization, it was asserted that an importing state trading enterprise affects the domestic market but not the international market. This claim is investigated through specifying a model of intermediaries in international trade. There are two kinds of intermediaries: first, a state trading enterprise; and second, an n-firm Cournot oligopso...

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Article history: Received 8 October 2011 Received in revised form 12 March 2012 Accepted 14 March 2012 Available online 23 March 2012 We present a multi-period trading model in the style of Kyle's (1985) inside trading model, by assuming that there are at least two insiders in the market with long-lived private information, under the requirement that each insider publicly disclose his stock tra...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2011

ISSN: 1556-5068

DOI: 10.2139/ssrn.1798189