
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 |
Outros Autores: | Won Chang |
Formato: | Online-Resource |
Idioma: | English |
Publicado em: | Washington, D.C : World Bank, Development Research Group, Trade, 2001 |
Colecção: | Policy research working paper
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Assuntos: | |
Acesso em linha: | URL des Erstveröffentlichers |
Resumo: | 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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Descrição do item: | "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 |
Descrição Física: | 1 Online-Ressource (32 Seiten) |