Cross-border travellers and parallel trade: implications for Asian economies
Data(s) |
01/01/2016
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Resumo |
This paper explores the impact of parallel trade in an export market by cross-border travellers on welfare of the home country in a model with heterogeneous consumers' perceptions. We show that such parallel trade when it is organised trading always hurts the home-country welfare. However, when parallel trade is unorganised trading, it might benefit the home-country welfare provided that the size of the export market is relatively small. Along these lines, we suggest optimal policy responses in the home country to parallel trade by cross-border travellers. The results of the paper yield insightful policy implications for Asian economies. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley |
Relação |
http://dro.deakin.edu.au/eserv/DU:30081036/nguyen-crossbordertravellers-inpress-2016.pdf http://www.dx.doi.org/10.1111/twec.12381 |
Direitos |
2016, Wiley |
Tipo |
Journal Article |