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Dong-Dong Li

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Open access Sep 2026

Optimal Tariffs with Partial Cross-Ownership in a Vertical Market: Uniform Versus Discriminatory Tariffs

Abstract This paper investigates the welfare impact of discriminatory tariffs and uniform tariffs in the presence of vertical cross-ownership. We develop a four-country three-firm model, where the upstream firm and two downstream firms with asymmetry are located in different countries. The results show that, regardless...

Dong-Dong Li, Sheng-Yang Li, Chen Shang · 0 citations

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