Intra-industry trade in differentiated and homogenous commodities: Brander and Krugman models unified

Research background: This paper extends the early papers by Brander (1981) and Brander and Krugman (1983) who used a simple partial equilibrium Cournot duopoly to a full general equilibrium setting. The explanations of intra-industry trade can be based either on oligopolistic reciprocal dumping idea...

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Bibliographic Details
Main Authors: Andrzej Cieślik, Leszek Wincenciak
Format: Article
Language:English
Published: Institute of Economic Research 2018-03-01
Series:Equilibrium. Quarterly Journal of Economics and Economic Policy
Subjects:
Online Access:http://economic-research.pl/Journals/index.php/eq/article/view/723