Skip to main content

Some aspects on regional integration, comparative advantage and consumer's diversity

Buy Article:

$55.00 plus tax (Refund Policy)

Abstract:

This article describes one simple Cournot oligopoly model with linear inverse demand and international linkage, and tries to analyse how the degree of competitiveness, the diversity in comparative advantage, consumer preference and market volume are closely interrelated with each other in the course of free trade areas (FTA) liberalization. The influence of income/substitution effects to firm's profit maximization is also examined. My analysis shows some basic results and implications regarding the tariff-setting strategies and the incentive for endogenous internal liberalization, as well as the role of FTA formation on a stream to world-wide liberalization.

Document Type: Research Article

DOI: https://doi.org/10.1080/00036840600970120

Affiliations: Department of Economics, State University of New York at Buffalo, Buffalo, NY 14260, USA

Publication date: 2008-09-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more