Tariff (De‐) Escalation with Successive Oligopoly
Year: 2011
Type: article
Abstract: This paper explores the issue of a simultaneous reduction in tariffs at different stages of a vertically related market where each stage is oligopolistic. When vertically related markets are characterized as a successive oligopoly, reducing tariffs by an equivalent amount on upstream and downstream imports will have a differential effect on market access and hence profits at each stage as a result of a combination of horizontal and vertical effects. These differential effects have implications for the tariff structure post‐trade reform.
Source: Review of Development Economics
Authors: Steve McCorriston, Ian Sheldon
Institutions: University of Exeter, The Ohio State University
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
Funder: U.S. Department of Agriculture
OpenAlex ID: W1587294032