Testing an imperfect competition trade model

1992 ◽  
pp. 13-36
Author(s):  
Matthew R. Lynde
Keyword(s):  
Imperfect Competition ◽  
Trade Model

scholarly journals Apple Export Competition between the United States and China in the Association of Southeast Asian Nations

2014 ◽  
Vol 46 (4) ◽  
pp. 635-647 ◽  
Author(s):  
Jeff Luckstead ◽  
Stephen Devadoss ◽  
Ron C. Mittelhammer
Keyword(s):  
United States ◽  
Market Power ◽  
Imperfect Competition ◽  
Econometric Model ◽  
The United States ◽  
Southeast Asian ◽  
Domestic Markets ◽  
Trade Model ◽  
Empirical Industrial Organization ◽  
Export Competition

We developed a trade model under imperfect competition to analyze the market power of U.S. and Chinese apple producers in the Association of Southeast Asian Nations (ASEAN) market and their domestic markets and the elimination of ASEAN tariffs on U.S. and Chinese apples. We also formulated welfare functions for the United States, China, and ASEAN. Comparative static results are derived to analyze the effect of tariff changes on exports, domestic sales, and welfare. Based on the theoretical model, we derived an econometric specification and used the new empirical industrial organization literature to estimate the market power of U.S. and Chinese apple producers. The econometric model is simulated to quantify the effect of tariff removal on exports and domestic sales.

Phase Model of Market Economy

2005 ◽  
pp. 41-47 ◽  
Author(s):  
N. Yegorenkov ◽  
E. Kazakova ◽  
M. Starodubtseva
Keyword(s):  
Market Economy ◽  
Consumer Goods ◽  
Imperfect Competition ◽  
Phase Model ◽  
Status Change ◽  
Means Of Production

The phase model of market economy is suggested in the article. It is formalized in the cubical equation The equation takes into account the imperfections of competition and the fact that consumer goods are produced with the help of means of production. Transitions from the imperfect competition to the perfect one and visa versa yield qualitative status change of market economy.

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