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Optimal Reciprocal Dumping in a Managed Trade Regime

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Listed:
  • Alberto Gallegos David

    (Universidad Anáhuac México, México)

Abstract

El propósito de este artículo es el de examinar la relación estratégica que existe entre la política comercial en un régimen de protección administrada y el intercambio comercial a precios por debajo del valor normal. Presento un modelo de competencia imperfecta en tres etapas que incorpora la posibilidad de que la autoridad gubernamental influya sobre las decisiones de producción de las empresas a través una amenaza creíble, mediante el uso de un arancel específico. Esta metodología, en un contexto de mercados segmentados, conjeturas à la Cournot y la aplicación de un arancel óptimo, genera como resultado un mecanismo de incentivos -que no son suficientes desde una perspectiva de bienestar social-, para que las empresas doméstica y extranjera realicen una práctica de dumping recíproco. Una conclusión general, es que una política de libre comercio sería contraproducente, pues ésta eliminaría los incentivos que las empresas doméstica y extranjera tendrían para realizar el intercambio comercial que disminuiría la pérdida de bienestar asociada a la existencia de monopolios en ambos mercados.

Suggested Citation

  • Alberto Gallegos David, 2019. "Optimal Reciprocal Dumping in a Managed Trade Regime," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 14(2), pages 189-202, Abril-Jun.
  • Handle: RePEc:imx:journl:v:14:y:2019:i:2:p:189-202
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    References listed on IDEAS

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    More about this item

    Keywords

    Cournot competition; Managed trade; Reciprocal Dumping;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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