Optimal tariffs and the choice of technology Discriminatory tariffs vs. the ‘Most Favored Nation’ clause
نویسندگان
چکیده
منابع مشابه
Optimal Tariffs, Tariff Jumping, and Heterogeneous Firms∗
The majority of research to date investigating strategic tariffs in the presence of multinationals finds a knife-edge result where, in equilibrium, all foreign firms are either multinationals or exporters. Utilizing a model of heterogeneous firms, we find equilibria in which both pure exporters and multinationals coexist. We utilize this model to study the case of endogenously chosen tariffs. A...
متن کاملAssessing the Effects of Most-favored Nation Clauses
Most-favored-nation (MFN) clauses and similar vertical restraints are frequently the object of legal and economic scrutiny. Typically, MFN clauses provide that one party to a contract will grant the other terms that are at least as favorable as those granted to any other party. MFNs are frequently found in industries with complex distribution chains. Some of the most prominent investigations in...
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Reproduction partielle permise avec citation du document source, incluant la notice ©. Short sections may be quoted without explicit permission, if full credit, including © notice, is given to the source. CIRANO Le CIRANO est un organisme sans but lucratif constitué en vertu de la Loi des compagnies du Québec. Le financement de son infrastructure et de ses activités de recherche provient des co...
متن کاملNon-Enforceability of Trade Treaties and the Most-Favored Nation Clause: a Game Theoretic Analysis of Investment Distortions.∗
We model agents’ incentives to invest in production of export goods when governments are commitment constrained with respect to their trade obligations. Once irreversible investments have been undertaken, the governments have incentives to renegotiate the tariff rates to higher values. The renegotiations are costly; the greater the tariff rate adjustment, the greater the expenses. We find that ...
متن کاملthe washback effect of discretepoint vs. integrative tests on the retention of content in knowledge tests
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 1995
ISSN: 0022-1996
DOI: 10.1016/0022-1996(94)01335-p