Energy imports and manufacturing exports with successive oligopolies and storage

URN to cite this document:: urn:nbn:de:bvb:355-epub-580439
DOI to cite this document:: 10.5283/epub.58043

Arnold, Lutz G. ; Arnold, Volker

License: Creative Commons Attribution Non-commercial No Derivatives 4.0
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Date of publication of this fulltext: 04 Apr 2024 06:12

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Abstract

Many industrial countries run a “business model” that is based on oligopolistic export industries which strongly depend on energy imports. This paper uses an analytically tractable general equilibrium model of international trade with successive oligopolies and storage to analyze optimum trade and industrial policies for such countries. There can be over-investment in storage for strategic ...