Corporate social responsibility and strategic trade policy: An endogenous timing game and its policy implications
| العنوان: | Corporate social responsibility and strategic trade policy: An endogenous timing game and its policy implications |
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| المؤلفون: | Xoan Hoang, Sang-Ho Lee, Sumi Cho |
| المصدر: | Australian Economic Papers. 58:480-497 |
| بيانات النشر: | Wiley, 2019. |
| سنة النشر: | 2019 |
| مصطلحات موضوعية: | Commercial policy, 050208 finance, media_common.quotation_subject, 05 social sciences, Social entrepreneurship, Tariff, Outcome (game theory), Market structure, Market economy, 0502 economics and business, Corporate social responsibility, Business, 050207 economics, General Economics, Econometrics and Finance, Welfare, Timing game, media_common |
| الوصف: | This study incorporates the corporate social responsibility (CSR) initiatives of a domestic firm and analyzes strategic trade policy toward a foreign firm in a different market structure. We show that the tariff rate under a foreign (domestic) firm’s leadership is lowest when the degree of CSR is large (small). We also show that the foreign firm’s leadership yields the highest welfare when the degree of CSR is intermediate, while the domestic firm’s leadership yields the highest welfare otherwise. In an endogenous-timing game, we show that a simultaneous-move outcome is the unique equilibrium when the degree of CSR is small; thus, it is never socially desirable. We also show that the domestic firm’s leadership can be an equilibrium, which results in the highest welfare when the degree of CSR is large. Finally, when the degree of CSR is large, collusive behaviors between the domestic and foreign firms can increase welfare. |
| تدمد: | 1467-8454 0004-900X |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::f3de3e9debcea57e35bf2d8efdd04125 https://doi.org/10.1111/1467-8454.12164 |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.doi...........f3de3e9debcea57e35bf2d8efdd04125 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 14678454 0004900X |
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