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RT @JIntlEcon: New: "CATs & DOGs" by Carsten Eckel (@carsteneckel) & Raymond Riezman (@rafer77). An oligopolistic model of carry-along trad…
RT @JIntlEcon: New: "CATs & DOGs" by Carsten Eckel (@carsteneckel) & Raymond Riezman (@rafer77). An oligopolistic model of carry-along trad…
New: "CATs & DOGs" by Carsten Eckel (@carsteneckel) & Raymond Riezman (@rafer77). An oligopolistic model of carry-along trade (CAT), in which producers may deliver own goods (DOG) or export via another firm. Empirically, CAT is pervasive in trad…