Export cartel and consumer welfare
Year: 2018
Type: article
Abstract: The purpose of this paper is to show that export cartels are not necessarily harmful for consumers in the importing countries. Using a strategic trade policy model, we show that, contrary to the harmful effect, product‐market cooperation benefits consumers by affecting the trade policies. We further show that consumers in the importing countries are affected adversely if cooperation is among the governments of the exporting countries, instead of the exporting firms.
DOI: 10.1111/roie.12362
Authors: Arijit Mukherjee, Uday Bhanu Sinha
Institutions: University of Nottingham, University of Delhi
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2887838657