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Author:Syropoulos, C.
Title:Optimum tariffs and retaliation revisited: how country size matters
Journal:Review of Economic Studies
2002 : JUL, VOL. 69:3(240), p. 707-727
Index terms:Tariffs
Monopoly
Industrial concentration
Language:eng
Abstract:With the help of a neoclassical trade model in which country size is at centre stage, it is shown that a sufficient condition for a country to prefer a non-cooperative Nash tariff equilibrium (retaliation) over free trade is that its relative size be sufficiently large.
SCIMA record nr: 239327
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