Vertical Foreclosure and International Trade Policy

S-Tier
Journal: Review of Economic Studies
Year: 1991
Volume: 58
Issue: 1
Pages: 153-170

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

International differences in the cost of production of a key intermediate product can mean that a domestic firm is dependent on supplies from a foreign vertically integrated firm. This paper considers the incentives for the foreign firm and foreign country to supply the domestic firm when the firms compete in a Cournot or Bertrand market for the final product. The vertical supply decision is significantly affected by domestic supply conditions for the input and a domestic tariff on final product imports. Optimal policy by the exporting country may require a tax on both exports, or a subsidy on both exports.

Technical Details

RePEc Handle
repec:oup:restud:v:58:y:1991:i:1:p:153-170.
Journal Field
General
Author Count
2
Added to Database
2026-01-25