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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17894| Title: | Buyer Power in International Markets |
| Keywords: | F15 F12 L13 ddc:330 buyer power retailing international trade Einzelhandel Nachfragemacht Außenhandelsliberalisierung Internationaler Wettbewerb Handel Wirtschaftskonzentration Wohlfahrtseffekt Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/17894 |
| Other Identifiers: | http://hdl.handle.net/10419/17894 ppn:57152382X |
| Appears in Collections: | EconStor |
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