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Strategic Trade Policy and International Trade in the Presence of International Cross-Ownership
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- Authors
- Issue Date
- 2001-04
- Citation
- Seoul Journal of Economics, Vol.14 No.2, pp. 153-168
- Abstract
- This paper examines the effects of international cross-ownership of firms on trade pattern and social welfare in the three-country trade model in which firms in oligopolistic industry of two countries engage in intra-industry trade and export to the third country as well. The paper shows how international ownership of firms affects trade flow and firm values via strategic trade policies in such a model. The paper also considers the effect of inter national ownership on national welfare and world welfare.
- ISSN
- 1225-0279
- Language
- English
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