Cole, Matthew T.(University College Dublin. School of Economics, 2009-10-23)
There has been great focus in the recent trade theory literature on the introduction
of firm heterogeneity into trade models. However, these models tend to rely heavily
on symmetry assumptions and assume melting iceberg ...
Porter, Lynda(University College Dublin. School of Economics, 2003-04)
This paper presents a novel approach to examining multinationality which features the associated proximity versus concentration trade-off. Borrowing an important tool that is widely used in the
strategic trade policy ...
In this paper, we investigate techniques for measuring the trade policy equivalent of domestic distortions, using a distance function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform ...
Neary, J. Peter(University College Dublin. School of Economics, 1993-09-11)
This paper examines the responsiveness of real income and the balance of payments to external shocks in a small open economy. It is shown that tariff restrictions and age rigidities tend to increase responsiveness and quota ...
Neary, J. Peter(University College Dublin. School of Economics, 1994-06-16)
This paper develops a two-country model of trade and factor mobility in which capital is sector-specific but internationally mobile. The model avoids the implausible predictions of specialisation in Heckscher-Ohlin models ...
This paper examines a two-way interaction between trade liberalization and economic growth. Through dynamic increasing returns to specialization, international trade can increase world growth rates. But growth, through ...
We examine optimal industrial and trade policies in a series of dynamic oligopoly games in which a home and a foreign firm compete in R&D and output. Alternative assumptions about the timing of moves and the ability of ...
We examine optimal industrial and trade policies in a series of dynamic oligopoly games in which a home and a foreign firm compete in R&D and output. Alternative assumptions about the timing of moves and the ability of ...
Neary, J. Peter(University College Dublin. School of Economics, 2005-06-23)
I review and extend three approaches to trade and environmental policies: competitive general equilibrium, oligopoly and monopolistic competition. The first two have surprisingly similar implications; deviation deviations ...
Neary, J. Peter(University College Dublin. School of Economics, 2001-10)
Following a brief historical introduction and a discussion of different types of
commercial policy, this paper reviews the arguments for and against trade protection. In the bench-mark case of a competitive, small, open ...
O'Rourke, Kevin H.(University College Dublin. School of Economics, 1994-11)
The measurement of protection has been a key stumbling block for economists seeking to establish an empirical link between trade policy and growth. This note comments on a theoretically based index of protection recently ...
We introduce an index of trade policy restrictiveness defined as the uniform tariff which maintains the same trade volume as a given tariff/quota structure. Our index overcomes the problems of the trade-weighted average ...
This paper introduces a new measure, the Trade Restrictiveness Index, which measures the restrictiveness of a system of trade protection. The index is a general equilibrium application of the distance function and answers ...
Cole, Matthew T.(University College Dublin. School of Economics, 2010-04)
There has been great focus in the recent trade theory literature on the introduction
of firm heterogeneity into trade models. This introduction has highlighted the
importance of the entry/exit decision of firms in response ...
Neary, J. Peter(University College Dublin. School of Economics, 1997-09-24)
This paper explores the links between international trade theory and the practice of trade and industrial policy in open economies, with special attention to three areas where theoretical lessons have been misunderstood ...
This paper examines the free-market and socially-optimal outcomes in a dynamic oligopoly model with R&D spillovers. First-best optimal subsidies to R&D are higher when firms play strategically against each other, but lower ...
The theory of strategic trade policy yields ambiguous recommendations for assistance
to exporting firms in oligopolistic industries. However, some writers have suggested that investment subsidies are a more robust ...
The key result of the so-called “New Trade Theory” is that countries gain from
falling trade costs by an increase in the number of varieties available to consumers.
Though the number of varieties in a given country rises, ...
Neary, J. Peter(University College Dublin. School of Economics, 2005-02-23)
This paper presents a general result for simultaneous reform of tariffs and quotas in a small open economy, where some of the quota rents do not accrue to domestic residents. Absent highly perverse income effects, welfare ...
We characterize optimal trade and industrial policy in dynamic oligopolistic markets. If governments can commit to future policies, optimal first-period intervention should diverge from the profit-shifting benchmark to an ...