IDEAS home Printed from https://ideas.repec.org/p/cor/louvco/1992051.html
   My bibliography  Save this paper

Patterns of trade and oligopoly equilibria: an example

Author

Listed:
  • CORDELLA, Tito

    (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium)

Abstract

In this paper we investigate, via an example, the effects of oligopolistic competition in a two countries two goods" Ricardian" model of international trade. By contrast with results that apply to the competitive free trade equilibrium, at the oligopoly equilibrium industries with different technologies can profitably survive. Moreover we show that, in an oligopolistic setting, the pattern of trade cannot be inferred neither by pre-trade prices, nor by the comparative advantage principle.

Suggested Citation

  • CORDELLA, Tito, 1992. "Patterns of trade and oligopoly equilibria: an example," LIDAM Discussion Papers CORE 1992051, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1992051
    as

    Download full text from publisher

    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp1992.html
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dirk Willenbockel, 2005. "The Price Normalisation Problem in General Equilibriun Models with Oligopoly Power: An Attempt at Perspective," GE, Growth, Math methods 0505002, University Library of Munich, Germany.
    2. Ondřej Sankot, 2015. "Comparative Advantages of Visegrad Four Countries and Germany - A Comparison of Sectors According to the Workforce Qualification and Technology-Intensity [Komparativní výhody zemí V4 a Německa - po," Současná Evropa, Prague University of Economics and Business, vol. 2015(2), pages 125-144.
    3. Murray C. Kemp, 2010. "The Gains from Trade in a Cournot–Nash Trading Equilibrium," Review of International Economics, Wiley Blackwell, vol. 18(5), pages 832-834, November.
    4. Kenji Fujiwara & Tsuyoshi Shinozaki & Akihiko Yanase, 2011. "Dynamic Interactions in Trade Policy in a Differential Game Model of Tariff Protection," Review of Development Economics, Wiley Blackwell, vol. 15(4), pages 689-698, November.
    5. Kenji Fujiwara & Tsuyoshi Shinozaki, 2010. "The Closed‐Loop Effects Of Market Integration In A Dynamic Duopoly," Australian Economic Papers, Wiley Blackwell, vol. 49(1), pages 1-12, March.
    6. WILLENBOCKEL Dirk, 2010. "The Numeraire Problem in General Equilibrium Models with Market Power: Much Ado About Nothing?," EcoMod2003 330700152, EcoMod.

    More about this item

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cor:louvco:1992051. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.