研討日期

202189日上午10:30~ 12:20

研討地點

國立臺灣大學Webex Meeting

主講題目

Title of the paper

Trade Policies and FDI with an Endogenous Market Structure

作者

Authors of the paper

Chih-Yi Hsu, Hong Hwang, Yan-Shu Lin, and Cheng-Hau Peng

文獻出處

Journal, vol.(issue), pp

Working paper

主講人

許至乙

參加人員

許至乙Beny Trias Oktora、彭正浩、Damiana Simanjuntak、黃鴻、施姵全、張瑞雲、Suttiwan 蘇婷、郭文忠、梁文榮、林燕淑、楊雅棠、羅先佑、陳彥勲

摘要

Abstract of the paper

Under an endogenous market structure, this study investigates the effects of tariff and equivalent quota policies on foreign firms’ FDI decisions with a general demand. Results show that the equilibrium price is equal to the average cost of the new entrants. In addition, the entry modes of the foreign firms will only affect their own output and the number of new entrants, but have no effect on the equilibrium price and other firms’ outputs. We also find that FDI is more likely to occur under a tariff policy than the equivalent quota policy, but the world welfare under a tariff policy is lower than that under the equivalent quota policy. Finally, the cost-efficient firm is more likely to engage in FDI under the tariff and the quota regimes. These results complement the existing trade literature.