| dc.creator | Espinosa Ramirez, Rafael Salvador | |
| dc.date | 2021-11-15 | |
| dc.date.accessioned | 2023-09-07T16:20:17Z | |
| dc.date.available | 2023-09-07T16:20:17Z | |
| dc.identifier | https://www.rae-ear.org/index.php/rae/article/view/778 | |
| dc.identifier.uri | https://revistaschilenas.uchile.cl/handle/2250/233631 | |
| dc.description | In an imperfect competition model of trade a domestic and foreign country establish a cooperative or non-cooperative subsidy schedule. The optimal subsidies are positive but different in size depending of the firm’s efficiency and the magnitude of the consumer market. After setting the subsidy, a fear shock in the domestic country caused by COVID-19 affects the domestic welfare depending on the subsidy schedule and firms’ efficiency. The effect of a fear shock in foreign country depends on his patter of trade. Finally, when fear shock affects negatively the welfare, the best policy response is to reduce the subsidy. | en-US |
| dc.format | application/pdf | |
| dc.language | eng | |
| dc.publisher | Universidad Alberto Hurtado - Facultad de Economía y Negocios | en-US |
| dc.relation | https://www.rae-ear.org/index.php/rae/article/view/778/275275317 | |
| dc.source | Revista de Análisis Económico ; Vol. 36 Núm. 2 (2021); 53-75 | es-ES |
| dc.source | Economic Analysis Review; Vol. 36 No. 2 (2021); 53-75 | en-US |
| dc.source | 0718-8870 | |
| dc.source | 0716-5927 | |
| dc.subject | fear externality | en-US |
| dc.subject | integrated markets | en-US |
| dc.subject | subsidy | en-US |
| dc.subject | COVID-19 | en-US |
| dc.subject | cooperative policies | en-US |
| dc.subject | emotions | en-US |
| dc.subject | cognitive bias | en-US |
| dc.subject | consumer decision | en-US |
| dc.subject | welfare analysis | en-US |
| dc.subject | international trade. | en-US |
| dc.title | Fear Shocks, Subsidies and Covid-19 In an Integrated Market | en-US |
| dc.type | info:eu-repo/semantics/article | |
| dc.type | info:eu-repo/semantics/publishedVersion | |
