Economics at your fingertips  

The New Protectionism Revisited

Richard Harris

Working Paper from Economics Department, Queen's University

Abstract: This paper reviews the strategic trade literature in oligopolistic industries beginning with the Brander-Spencer (1984) model of duopolistic international rent-shifting. Issues of long run equilibrium, entry conditions, and empirical estimates of the size of oligopolistic rents in tradeable goods industries are reviewed, and the results of simulation models are summarized. The paper also deals with issues of retaliation. It is emphasized that the prisoner's dilemma characterization of these equilibrium may be inappropriate, and managed trade may be a more plausible outcome in oligopolistic industries than strategic trade policies.

Keywords: protectionism; trade policy; game theory; oligopolies (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: The New Protectionism Revisited (1989) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().

Page updated 2019-12-19
Handle: RePEc:qed:wpaper:758