A Note on Comparative Statics For A Labor-Managed Firm Engaged in Exporting

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dc.contributor.author BANIAK, Andrzej
dc.date.accessioned 2011-05-09T15:10:57Z
dc.date.available 2011-05-09T15:10:57Z
dc.date.issued 2000
dc.identifier.citation Journal of Comparative Economics, 2000, 28, 3, 619-625
dc.identifier.issn 0147-5967
dc.identifier.uri http://hdl.handle.net/1814/16908
dc.description.abstract The behavior of a labor-managed firm (LMF) producing both for the domestic market and for export is analyzed assuming that it competes with a foreign profit-maximizing firm (PMF) in the export market. Conventional wisdom suggests that a LMF facing an increase of demand in the foreign market will cut sales in this market. We show that, with high enough sales in the domestic market, the LMF will sell less at home and more abroad after an introduction of an export subsidy. We also show that, under the same condition, the LMF will increase foreign sales after a devaluation of the domestic currency. Thus, the LMF reacts in a manner similar to that of a PMF.
dc.title A Note on Comparative Statics For A Labor-Managed Firm Engaged in Exporting
dc.type Article
dc.neeo.contributor BANIAK|Andrzej|aut|
dc.identifier.volume 28
dc.identifier.startpage 619
dc.identifier.endpage 625
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dc.identifier.issue 3


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