
Market presence, contestability, and the terms-of-trade effects of regional integration / Maurice Schiff and Won Chang
How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization...
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Main Authors: | Schiff, Maurice W., 1950- |
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Corporate Authors: | World Bank |
Other Authors: | Won Chang |
Format: | Online-Resource |
Language: | English |
Published: | Washington, D.C : World Bank, Development Research Group, Trade, 2001 |
Series: | Policy research working paper
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Subjects: | |
Online Access: | URL des Erstveröffentlichers |
Summary: | How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization and increase its price reaction to preferential trade liberalization |
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Item Description: | "January 2001"--Cover. - Includes bibliographical references. - Title from title screen as viewed on Sept. 23, 2002 Weitere Ausgabe: Schiff, Maurice W: Market presence, contestability, and the terms-of-trade effects of regional integration |
Physical Description: | 1 Online-Ressource (32 Seiten) |