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Market foreclosure and strategic aspects of vertical agreements
(Centro de Investigación y Docencia Ecónomicas, 1999)
This paper reviews the arguments about market foreclosure — as an incentive for vertical agreements between upstream and downstream firms — and its effects on welfare. We consider that downstream firms compete in quantities ...
Tariff protection and trade agreements
(Centro de Investigación y Docencia Económicas, División de Economía, 1999)
This paper studies the optimal tariff rates on goods imported from the rest of the world when a commercial club accepts a new partner. It shows that when a new member is accepted into the club, members of a free trade ...
Trade policy and integration among firms producing complementary products
(Centro de Investigación y Docencia Económicas, División de Economía, 1999)
This paper analyzes the role of an active trade or industrial policy on the relationships between finns producing goods that are perfect complements. Specifically, it studies the interaction between government and industry ...