Market presence, contestability, and the terms-of-trade effects of regional integration
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Author
Contributions
- Chang, Won. - Contributor
- World Bank. - Contributor
Publication
2001 - World Bank, Development Research Group, Trade, Washington, D.C, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2002616096
- Open LibraryOL3669267M
Classifications
- LCCHG3881.5.W57
Description
How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization and increase its price reaction to preferential trade liberalization.
Subjects
Series Statement
- Policy research working paper ;
- 2532
- Policy research working papers (Online) ;
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