Abstract
This paper develops a conjectural variation model to include foreign trade and applies it to the Swedish industry. The main conclusions emerging from the empirical application are that the degree of implicit collusion is generally very low in Sweden, and further, that while high seller concentration exerts a positive influence on this degree, there is strong and counteracting competitive pressure from foreign trade. A more general conclusion is that it is important to include foreign trade in analyses of market power in open economies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
