|
|
|
|
||||
|
||||
Buyer Power in International MarketsHorst RaffChristian-Albrechts-Universitaet zu Kiel; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); Kiel Institute for the World Economy Nicolas SchmittSimon Fraser University; CESifo (Center for Economic Studies and Ifo Institute for Economic Research) August 2009 CESifo Working Paper Series No. 2755 Abstract: This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade liberalization are weaker under buyer power than under seller power.
Number of Pages in PDF File: 42 Keywords: buyer power, retailing, international trade JEL Classification: F12, F15, L13 working papers seriesDate posted: August 23, 2009Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo7 in 0.531 seconds
