A ‘reciprocal dumping’ model of international trade
A ‘reciprocal dumping’ model of international trade
复制标题
国际贸易的“互惠倾销”模式
DOI:
10.1016/s0022-1996(83)80008-7
复制
发表时间:
1983
影响因子:
3.3
通讯作者:
P. Krugman
中科院分区:
文献类型:
--
作者:
James A. Brander;P. Krugman
This paper develops a model in which the rivalry of oligopolistic firms serves as an independent cause of international trade. The model shows how such rivalry naturally gives rise to ‘dumping’ of output in foreign markets, and shows that such dumping can be ‘reciprocal’ — that is, there may be two-way trade in the same product. Reciprocal dumping is shown to be possible for a fairly general specification of firm behaviour. The welfare effects of this seemingly pointless trade are ambiguous. On the one hand, resources are wasted in the cross-handling of goods: on the other hand, increased competition reduces monopoly distortions. Surprisingly, in the case of free entry and Cournot behaviour reciprocal dumping is unambiguously beneficial.