Trade Policy and Market Structure

Part 1 Introduction: trade policy and market power; strategic effects; production efficiency; the political economy of the new theory; organization. Part 2 Trade policy under perfect competition: tariff analysis; import quotas; export subsidies and taxes; optimal trade taxes; a note on general equilibrium; domestic distortions and trade policy; algebra for small policy changes. Part 3 Protection and domestic market power: the case of an import-competing Monopolist; noncooperative domestic oligopoly; collusive domestic oligopoly. Part 4 Foreign market power: optimal policies against a foreign monopolist; trade taxes; quotas; optimal trade taxes; kinked demand; Cournot oligopoly; Bertrand oligopoly; ad valorem trade taxes; quotas under oligopoly; appendix to section 4.9. Part 5 Strategic export policy: competitive foreign conduct; profit shifting; price competition; entry with increasing returns; resource constraints; two-way export policies; consumption effects. Part 6 Strategic import policy: tariffs - the Cournot case; tariffs - the Bertrand case; import quotas. Part 7 Intraindustry trade: a basic monopolistic competition model; tariffs and the terms of trade; the production efficiency effect; tariffs that lower prices - the home market effect; tariffs and segmented markets. Part 8 Quantification: problems of quantification; models with fixed numbers of firms; models with free entry; general equilibrium modeling. Part 9 Conclusions: methodology; surprising effects of policy; the welfare effects of trade policy; where do we go from here?