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Vertical integration and strategic trade policies

机译:纵向一体化和战略贸易政策

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This paper examines the use of strategic trade policies, such as export subsidies, to encourage domestic production of an intermediate input and a final product in a model with international rivalry between firms in two countries. The choice of subsidies or taxes in several cases is examined. Whether subsidies are welfare-improving depends on whether firms are vertically integrated. We show that as long as firms in at least one country are vertically integrated, the optimal subsidy on final-good production is positive.
机译:本文研究了战略贸易政策(例如出口补贴)的使用,以鼓励国内生产中间投入品和最终产品,这种模式具有两国公司之间国际竞争的模式。审查了在几种情况下补贴或税收的选择。补贴是否能改善福利取决于企业是否纵向整合。我们表明,只要至少一个国家的企业进行了纵向整合,对最终产品生产的最佳补贴就是积极的。

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