1 option
Can Subsidies for MARs be Procompetitive? / Kala Krishna, Suddhasatwa Roy, Marie C. Thursby.
- Format:
- Book
- Author/Creator:
- Krishna, Kala.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w7624.
- NBER working paper series no. w7624
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2000.
- Summary:
- In contrast to recent literature, we show that market access requirements (MARs) can be implemented in a procompetitive manner even in the absence of threats in related markets. By focusing on subsidies that are paid only when the requirement is met, we show that a MAR can increase aggregate output relative to free trade provided that the right set of firms is targeted. In the context of a model with multiple Japanese and US firms, we show that a MAR on US imports is procompetitive as long as the US firms are the ones targeted to receive the subsidy.
- Notes:
- Print version record
- March 2000.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.