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ralph lauren polo

 
Toru Kikuchi
 
''Switching costs and the impact of trade liberalization''
( 2007, Vol. 6 No.6 )
 
 
This paper considers a two-period model of market entry with horizontally differentiated products and switching costs. Conditions that are conducive to a competitive environment in the second period are shown to yield a less competitive outcome in the first period. That is, when the marginal cost of a foreign entrant is relatively low, the first-period output of a domestic monopolist is relatively low as well.
 
 
Keywords: cost competitiveness
JEL: F1 - Trade: General
 
Manuscript Received : Mar 06 2007 Manuscript Accepted : Mar 07 2007

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