Industry concentration and strategic trade policy in successive oligopoly

We study a policy game between exporting and importing countries in vertically linked industries. In a successive international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between exporting and importing countries, and horizontally, between exporting countries. We show that the equilibrium outcome depends crucially on the relative degree of competitiveness in the upstream and downstream parts of the industry. With respect to national welfare, a more competitive upstream industry may benefit an exporting (upstream) country and harm an importing (downstream) country. On the other hand, a more competitive downstream industry may harm exporting countries.Financial support from the Norwegian Research Council, through the PETROPOL research programme, is gratefully acknowledged. The paper has been greatly improved by the suggestions of two anonymous referees. We also thank Hisashi Hokari and Frode Meland for valuable comments and suggestions

Conjectural variations and location theory

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Impacts on optimum location of different pricing strategies, market structures and customer distributions over space

SIGLELD:3597.993(20) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

A general theory of spatial competition and f.o.b. pricing

SIGLELD:3597.993(18) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

An anomaly in the service industry The effect of entry on fees

SIGLELD:9116.75(147) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

What Explains The Increased Utilization Of Powder River Basin Coal In Electric Power Generation?

This article examines possible explanations for increased utilization of Powder River Basin (PRB) coal in electric power generation that occurred over the last two decades. Did more stringent environmental policy motivate electric power plants to switch to less polluting fuels?Or, did greater use of PRB coal occur because relative price changes altered input markets in favor of this fuel. A key finding is that factors other than environmental policy such as the decline in railroad freight rates together with elastic demand by power plants were major contributors to the increased utilization of this fuel. © 2008 Agricultural and Applied Economics Association