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| Toru Kikuchi and Chiharu Kobayashi |
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| ''Network Effects and the Impact of Trade Liberalization (Corrected Version)'' |
| ( 2007, Vol. 28 No.3 ) |
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| In this note, we examine how trade liberalization affects the profits of firms in the presence of network effects. We will show that, contrary to conclusions in the previous literature, trade liberalization between identical countries increases firms profits despite intensified competition. |
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| Manuscript Received : Mar 29 2007 | | Manuscript Accepted : Apr 04 2007 |
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