کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
965062 | 930690 | 2007 | 14 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Fragmentation, welfare, and imperfect competition
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
In this paper, we explore the effect of fragmentation of production processes on social welfare in the imperfectly competitive market. We consider a situation in which firms located in a country strategically decide whether they produce at home or move their production overseas. We show that, in such a situation, there exists a Nash equilibrium in which all of the firms move production overseas although domestic production is socially desirable. This implies that “reverse imports” do not necessarily benefit the country. We also discuss the effectiveness of a subsidy for domestic production in improving the social welfare of the country. J. Japanese Int. Economies 21 (3) (2007) 365-378.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of the Japanese and International Economies - Volume 21, Issue 3, September 2007, Pages 365-378
Journal: Journal of the Japanese and International Economies - Volume 21, Issue 3, September 2007, Pages 365-378
نویسندگان
Morihiro Yomogida,