Optimal Trade Policy with Parallel Imports
Resource
經濟論文叢刊, 37(2), 111-133
Journal
經濟論文叢刊
Journal Volume
37
Journal Issue
2
Pages
111-133
Date Issued
2009-06
Date
2009-06
Author(s)
Kao, F.K.
Peng, C.H.
Abstract
Parallel imports are goods traded outside the control of an original trademark or copyright manufacturer. This paper, utilizing a three-stage three-country model to investigate the retail country’s optimal trade policy towards parallel imports. The retail country’s optimal trade policy is shown to depend on the pricing scheme employed by the manufacturer. Increasing parallel imports have no impact on the retail country’s welfare but decreases world welfare and the profit of the manufacturer if the manufacturer uses a twopart tariff as its pricing scheme. In contrast, if the manufacturer engages in price discrimination, both the retail country’s welfare and the profit of the manufacturer increase but the impact on world welfare is ambiguous.
Subjects
平行輸入
最適貿易政策
兩部訂價
差別訂價
parallel imports
optimal trade policy
uniform pricing
price discrimination
Type
journal article