scholarly journals Trade Policy and Economic Integration in a Cournot Duopoly Model

2004 ◽  
Vol 43 (3) ◽  
pp. 239-251
Author(s):  
Yu-Ter Wang ◽  
Bih-Jane Liu ◽  
Pan-Long Tsai
Keyword(s):  
Trade Policy ◽  
Economic Integration ◽  
Trade Liberalisation ◽  
Cournot Duopoly ◽  
Economic Region ◽  
Duopoly Model ◽  
The World ◽  
Welfare Implications ◽  
Theoretical Results

This paper investigates the policy and welfare implications of forming an economic region in the context of a Cournot duopoly model. Some theoretical results are obtained. First, the economic region lowers the external tariff (against non-partner countries) less than its pre-integration level when a sufficiently large subsidy on the imports from the partner is carried out. Second, economic integration reduces the non-partner country’s welfare. Third, although the region still gains from integration even under some partial trade liberalisation regimes, complete trade liberalisation within the region leads to higher regional welfare. Finally, trade liberalisation within the region improves the welfare of the world as a whole.

scholarly journals Strategic trade policy with interlocking cross-ownership

2021 ◽  
Author(s):  
Luciano Fanti ◽  
Domenico Buccella
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Strategic Trade Policy ◽  
Cournot Duopoly ◽  
Public Intervention ◽  
Tax Subsidy ◽  
Strategic Trade ◽  
Duopoly Model ◽  
Product Competition ◽  
Cross Ownership

AbstractBy analysing interlocking cross-ownership, this work reconsiders the inefficiency of activist governments that set subsidies for their exporters (Brander and Spencer, J Int Econ 18:83–100). Making use of a third-market Cournot duopoly model, we show that the implementation of strategic trade policy in the form of a tax (subsidy) when goods are differentiated (complements) is Pareto-superior to free trade within precise ranges of firms’ cross-ownership, richly depending on the degree of product competition. These results challenge the conventional ones in which public intervention (1) is always the provision of a subsidy and (2) always leads to a Pareto-inferior (resp. Pareto-superior) equilibrium when products are substitutes (resp. complements).

Comparative docking of SARS-CoV-2 receptors antagonists from repurposing drugs

2020 ◽  
Author(s):  
Micael Davi Lima de Oliveira ◽  
Kelson Mota Teixeira de Oliveira
Keyword(s):  
World Health Organisation ◽  
World Health ◽  
Lung Cells ◽  
The Novel ◽  
High Modulation ◽  
Main Protease ◽  
The World ◽  
Novel Coronavirus ◽  
Viral Receptors ◽  
Theoretical Results

According to the World Health Organisation, until 16 June, 2020, the number of confirmed and notified cases of COVID-19 has already exceeded 7.9 million with approximately 434 thousand deaths worldwide. This research aimed to find repurposing antagonists, that may inhibit the activity of the main protease (Mpro) of the SARS-CoV-2 virus, as well as partially modulate the ACE2 receptors largely found in lung cells, and reduce viral replication by inhibiting Nsp12 RNA polymerase. Docking molecular simulations were performed among a total of 60 structures, most of all, published in the literature against the novel coronavirus. The theoretical results indicated that, in comparative terms, paritaprevir, ivermectin, ledipasvir, and simeprevir, are among the most theoretical promising drugs in remission of symptoms from the disease. Furthermore, also corroborate indinavir to the high modulation in viral receptors. The second group of promising drugs includes remdesivir and azithromycin. The repurposing drugs HCQ and chloroquine were not effective in comparative terms to other drugs, as monotherapies, against SARS-CoV-2 infection.

Path of the Operation and Promotion of Market-Based Chinese Martial Arts

2014 ◽  
Vol 971-973 ◽  
pp. 2350-2353
Author(s):  
Ai Yun Sun ◽  
Xi Yang Ding
Keyword(s):  
Public Health ◽  
Economic Development ◽  
Economic Integration ◽  
Martial Arts ◽  
Consumption Level ◽  
The Public ◽  
Business Operations ◽  
Social And Economic Development ◽  
The World ◽  
Elite Sports

martial arts through the promotion of conditions , difficulties and countermeasures analysis of the system, that China should be based on public health and martial arts fighting two clues to promote athletics , martial arts part of the refining and development of the " elite sports " and select wide popularity part , to promote the realization of the true sense of the public , in order to improve business operations and direction of development to promote social and economic development and to meet the needs of people in sports consumption level . In other words, watching athletics , martial arts fitness and economic integration of the three organic constituted martial arts through the promotion of the premise, but also the power of martial arts to the world .

Enhancing Science and Technology in the SADC Region: Roles of the Secretariat and Member States

2002 ◽  
Vol 1 (1) ◽  
pp. 70-95
Author(s):  
Rubin Patterson ◽  
James Bozeman
Keyword(s):  
Economic Integration ◽  
Final Section ◽  
Science And Technology ◽  
Foreign Affiliate ◽  
Member States ◽  
The Third ◽  
Economic Context ◽  
The World ◽  
The Status

AbstractIncreased economic integration throughout the world, the growing dominance of foreign affiliate production over international exports, the routinization of innovation, and amplified knowledge-intensiveness of FDI collectively characterize the new global economic environment in which SADC nations are attempting to develop and compete. This paper provides a detailed summary of the global economic context and one of its leading engines, namely, science and technology (S&T). Analysis of Africa's post-independence S&T travails and successes constitutes the second section of the paper. Various factors that have collectively arrested S&T growth are discussed. The third and largest section is the analysis of commonalities and particularities of S&T needs and activities by the SADC secretariat and member states. Focused analytical reports on the status of S&T development efforts in Botswana and Zimbabwe comprise the final section. Based on the contextual threats and opportunities discussed above, the paper concludes with two concrete recommendations: integrating and adopting the elements suggested in the paper for a long-term S&T development model, and pursuing state-sponsored or quasi-state-sponsored reverse engineering campaigns.

Pacific Asia: Economic Integration and Prospects of Russia

2011 ◽  
pp. 67-75
Author(s):  
V. Usol'tsev
Keyword(s):  
Financial Crisis ◽  
Economic Integration ◽  
Asian Financial Crisis ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
World Crisis ◽  
The World ◽  
Pacific Asia

The article describes in detail the integration processes in the Asia-Pacific region, the influence of the Asian financial crisis of 1997-1998 biennium. and the world crisis 2007-2008 biennium, as well as the prospects of the Russian connection.

scholarly journals The Chaos Dynamic of Multiproduct Cournot Duopoly Game with Managerial Delegation

2014 ◽  
Vol 2014 ◽  
pp. 1-10 ◽  
Author(s):  
Fang Wu ◽  
Junhai Ma
Keyword(s):  
Flip Bifurcation ◽  
Cournot Duopoly ◽  
Oligopoly Theory ◽  
Output Fluctuations ◽  
Duopoly Model ◽  
High Volatility ◽  
Route To Chaos ◽  
Barrier To Entry ◽  
Intermittent Chaos ◽  
Consumer Tastes

Although oligopoly theory is generally concerned with the single-product firm, what is true in the real word is that most of the firms offer multiproducts rather than single products in order to obtain cost-saving advantages, cater for the diversity of consumer tastes, and provide a barrier to entry. We develop a dynamical multiproduct Cournot duopoly model in discrete time, where each firm has an owner who delegates the output decision to a manager. The principle of decision-making is bounded rational. And each firm has a nonlinear total cost function due to the multiproduct framework. The Cournot Nash equilibrium and the local stability are investigated. The tangential bifurcation and intermittent chaos are reported by numerical simulations. The results show that high output adjustment speed can lead to output fluctuations which are characterized by phases of low volatility with small output changes and phases of high volatility with large output changes. The intermittent route to chaos of Flip bifurcation and another intermittent route of Flip bifurcation which contains Hopf bifurcation can exist in the system. The study can improve our understanding of intermittent chaos frequently observed in oligopoly economy.

scholarly journals GERAKAN ANTI GLOBALISASI

2019 ◽  
Vol 3 (02) ◽  
pp. 18-34
Author(s):  
Sonny Sudiar ◽  
Aisyah Aisyah ◽  
Muhammad Nizar Hidayat
Keyword(s):  
Economic Integration ◽  
21St Century ◽  
World Order ◽  
Interesting Topic ◽  
The World

Globalization as a phenomenon that has been closely associated with 21st century is an interesting topic of discussion among academics and practitioners alike. The term is closely related with neo-liberalism paradigm in which it refers to an economic integration governed by the priciples of liberalization and openness. Even so, globalization did not occurr without resistance. Inequality resulted from the process of globalization has made some people struggle to resist it especially in the terms of economy. This article aimed to describe how globalization reshapes the world order and how it resulted to the anti-globalization movement that struggle to resist the inequality from the process of globalization.

The Political Economy of the Anglosphere: Geography Trumps History

2019 ◽  
pp. 95-119
Author(s):  
John Ravenhill ◽  
Jefferson Huebner
Keyword(s):  
Economic Integration ◽  
Second World War ◽  
Preferential Trade Agreements ◽  
The Political ◽  
World War ◽  
Total Trade ◽  
Trade Patterns ◽  
The Us ◽  
The World ◽  
Second World

Economic integration among Anglosphere economies peaked during the period from 1870 to 1960. Maintenance of Imperial Preferences and the Sterling Area ensured that Britain remained the dominant market for most colonies and Dominions in the early post-Second World War period. Britain’s entry into the EEC, the ending of Commonwealth preferences, and the rapid growth of Asian economies caused the UK’s share in Anglosphere economies’ exports to decline rapidly. Growth in the US market share offset some of this decline until the financial crisis of 2007–8 reversed this trend. The significance of intra-Anglosphere trade has declined substantially – from approximately two-thirds of countries’ total trade in 1913 and in 1947 to just over one-third in 2016. Contemporary trade patterns are shaped more by geography than history. The world economy remains substantially regionalised, especially for manufacturing. Many preferential trade agreements (PTAs) are regional in scope: Anglosphere economies have been prominent participants in these arrangements but their partners are typically neighbouring countries rather than other Anglosphere economies. The EU has been the most active negotiator of PTAs: the challenge for a post-Brexit UK will be to negotiate access to markets equivalent to that currently enjoyed through membership of EU PTAs.

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