<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462017000300029</article-id>
<article-id pub-id-type="doi">10.21919/remef.v12i3.95</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Managed Trade and Environmental Policy under Imperfect Competition]]></article-title>
<article-title xml:lang="es"><![CDATA[Comercio Administrado y Política Medioambiental bajo Competencia Imperfecta]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gallegos David]]></surname>
<given-names><![CDATA[Alberto]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Anáhuac Campus Norte ]]></institution>
<addr-line><![CDATA[Huixquilucan Estado de México]]></addr-line>
<country>México</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2017</year>
</pub-date>
<volume>12</volume>
<numero>3</numero>
<fpage>29</fpage>
<lpage>44</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462017000300029&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462017000300029&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462017000300029&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: This paper aims to deepen the theoretical relationship between international trade and the environment. I design a duopolistic competition model where a domestic and a foreign firm compete in the domestic market with homogeneous products and differentiated production technologies. In this context, I examine the effect that managed trade has on the domestic firm's choice to adopt or not an environmental-friendly technology. The commercial authority decides the level of protection applying a specific trade tax before the domestic firm determines its production level, but after the domestic firm makes its choice to adopt or not the cleaner technology. This second-best policy leads to welfare losses. Nevertheless, the decrease in the monopolistic distortion and the production externality, compensates for the costs associated with the adoption of the cleaner technology. For the policy maker, to remain credible regarding the managed trade protection, avoids negative effects that may exacerbate opening trade processes upon the environment: a free-trade policy could be counterproductive for the domestic firm to adopt, since the incentives to adopt are null.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: El objetivo de este artículo es profundizar sobre la relación teórica entre el comercio internacional y el medio ambiente. Mediante un modelo duopolístico, una empresa doméstica y otra extranjera compiten en el mercado doméstico produciendo un bien homogéneo con tecnologías de producción diferenciadas. En este contexto, examino el efecto de la protección administrada sobre la decisión de la empresa domestica por adoptar o no una tecnología medioambientalmente limpia. La autoridad comercial elige el nivel de protección mediante un arancel especifico antes de que la empresa domestica decida su nivel de producción, pero después de que esta opta por la adopción. Al ser una política de segundo mejor, la protección administrada genera perdida de bienestar. Pese a esta distorsión, con la adopción, la disminución en la externalidad compensa el costo de adoptar la tecnología más limpia. Para la autoridad comercial, el conservar la credibilidad de la protección administrada, evita efectos negativos que exacerban procesos de apertura comercial sobre el medio ambiente: una política de libre comercio podría ser nociva para la empresa doméstica, ya que los incentivos para adoptar, son nulos.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Cournot Competition]]></kwd>
<kwd lng="en"><![CDATA[Managed Trade and Pollution]]></kwd>
<kwd lng="es"><![CDATA[Competencia Cournot]]></kwd>
<kwd lng="es"><![CDATA[Comercio administrado y Contaminación]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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