caa a22 4500 475797957 CHVBK 20180406123729.0 cr unu---uuuuu 170329e20000601xx s 000 0 eng 10.1007/BF01227448 doi (NATIONALLICENCE)springer-10.1007/BF01227448 Turrini Alessandro Department of Economics, University of Bergamo, Piazza Rosate 2, I-24100, Bergamo, Italy aut High-quality bias in vertically differentiated oligopolies—a note on skills, trade, and welfare [Elektronische Daten] [Alessandro Turrini] In a vertically differentiated Cournot oligopoly where the high-quality variant of the good requires the use of high-quality labor, firms may either all supply the same quality or differentiate their product. In differentiated configurations the number of firms choosing to supply the high-quality variant is generally above the optimum. The opening of trade between symmetric countries entails a pro-competitive effect that raises welfare through a reduction in average quality. This result contrasts with previous findings concerning the opening of trade in vertically differentiated oligopolistic industries (Gabszewicz, Shaked, Sutton, and Thisse,International Economic Review 22 [1981]; Shaked and Sutton, in Kierzkowski, ed.,Monopolistic Competition and International Trade, Oxford 1984). Springer-Verlag, 2000 vertical differentiation nationallicence strategic effects nationallicence intra-industry trade nationallicence skilled-unskilled wage premia nationallicence D4 nationallicence J24 nationallicence L13 nationallicence L15 nationallicence Journal of Economics Springer-Verlag 71/2(2000-06-01), 133-147 0931-8658 71:2<133 2000 71 712 https://doi.org/10.1007/BF01227448 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01227448 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Turrini Alessandro Department of Economics, University of Bergamo, Piazza Rosate 2, I-24100, Bergamo, Italy aut NATIONALLICENCE 773 0- Journal of Economics Springer-Verlag 71/2(2000-06-01), 133-147 0931-8658 71:2<133 2000 71 712 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer