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Endogenous Transfer Prices, Tariffs, and a Host Country Duopoly
Journal article   Peer reviewed

Endogenous Transfer Prices, Tariffs, and a Host Country Duopoly

The International trade journal, v 14(2), pp 169-199
01 Jul 2000

Abstract

Duopolists Duopoly Firm Firms Multinational Multinational Firm Multinational Firms, International Business (F23) Oligopoly and Other Imperfect Markets (L13) Tariff Trade Policy, International Trade Organizations (F13)
This article examines the impact of transfer-price effects on the interaction between a multinational firm and a domestic duopolist in the presence of resale-price restraints. The transfer-price effects have a direct impact on the strength of the strategic relationship between the multinational firm and the domestic firm. The transfer-price effect may give rise to an "anti-protective" tariff increase, wherein an increase in the tariff rate increases optimal host-country sales of the multinational firm and reduces the optimal sales level of the domestic firm. These results are valid with Cournot quantity-competition as well as a Stackelberg duopoly with either firm as the leader.

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