Buyer power in international markets

被引:20
作者
Raff, Horst [2 ,3 ]
Schmitt, Nicolas [1 ]
机构
[1] Simon Fraser Univ, Dept Econ, Burnaby, BC V5A 1S6, Canada
[2] Univ Kiel, Inst Volkswirtschaftslehre, D-24098 Kiel, Germany
[3] Univ Kiel, Kiel Inst World Econ, D-24098 Kiel, Germany
关键词
Buyer power; Retailing; International trade; COUNTERVAILING-POWER; TRADE; RETAILERS;
D O I
10.1016/j.jinteco.2009.08.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:222 / 229
页数:8
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