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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Why are Trade Agreements Regional? | |
Ben Zissimos | |
发表日期 | 2007 |
出处 | Climate Change and Sustainable Development |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a familiar problem of coordination failure arises giving rise to multiple equilibria; any one of many possible trade agreements can form. With distance between countries, and through strategic interaction in tariff setting, regional trade agreements generate larger rent-shifting effects than non regional agreements, which countries use to coordinate on a unique equilibrium. Under naive best responses, regional agreements give way to free trade. |
特色分类 | F02,F13,F15,C72 |
关键词 | Coalition,Coordination,Regionalism,Preferential Trade Agreement,Trade Liberalization |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/why-are-trade-agreements-regional/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117485 |
推荐引用方式 GB/T 7714 | Ben Zissimos. Why are Trade Agreements Regional?. 2007. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2007-067.pdf(387KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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