Competition and unilateral dumping
نویسنده
چکیده
This paper presents an analysis of the effects of market structure on the propensity of firms to dump goods. The analysis of Brander and Krugman is extended to show that in the presence of transportation costs, bilateral intra-industry trade is not possible without dumping. Contrary to the conventional wisdom, this paper finds that firms in markets with a large number of domestic competitors are more prone to dump unilaterally than firms in less competitive markets. This dumping is not predatory but may result in export prices being below average cost.
منابع مشابه
Sperm dumping as a defense against meiotic drive
Sperm from Drosophila simulans that carry a sex-ratio distorter is preferentially lost from females' sperm-storage organs. This suggests that sperm dumping is a major factor affecting sperm competition in this species, and may have evolved in response to sex-ratio distorters.
متن کاملCumulation and antidumping: A challenge to competition
~ S national economies have become increasingly inter-related, national governments have broadened their efforts to coordinate trade-related policies. For years GATT negotiators concentrated on tariff reduction and trade liberalisation. The recently completed Uruguay Round negotiations included a number of agreements in previously uncharted waters (e.g., agreements on government procurement, tr...
متن کاملاخلاق و حقوق رقابت در صنعت داروسازی
The pharmaceutical industry plays an important role in every economy. Although pharmaceutical sector has distinctive economic features, like every other sector of the economy, the production and distribution of pharmaceuticals must obey competition law rules. The provisions regarding unilateral anticompetitive conduct such as discriminatory pricing, aggressive price setting, abusing a domina...
متن کاملInternational Trade and Environmental Policy Under Imperfect Competition
The objective of the present paper is to review the literature on the link between environmental policy and international trade, with a focus on imperfect competition on the world output markets. Special attention will be paid to the literature on oligopoly and strategic government policy and its potential consequences for the ecological dumping debate. We address partial equilibrium as well as...
متن کاملMultiproduct multinationals and reciprocal FDI dumping
Global patterns of FDI and trade are remarkably similar, yet mainstay theory has them as substitutes. We posit a model where multiproduct, final-goods firms simultaneously engage in intraindustry FDI and intraindustry trade. The logic behind this two-way FDI is analogous to that of two-way trade in the Brander–Krugman reciprocal-dumping model. Namely, multiproduct firms use trade costs to reduc...
متن کامل