| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Why are Trade Agreements Regional? |
| Ben Zissimos
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| 发表日期 | 2007
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2007
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| 语种 | 英语
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| 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
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| 关键词 | Coalition,Coordination,Regionalism,Preferential Trade Agreement,Trade Liberalization
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/why-are-trade-agreements-regional/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117485
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推荐引用方式
GB/T 7714 |
Ben Zissimos. Why are Trade Agreements Regional?. 2007.
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文件名：
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NDL2007-067.pdf
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格式：
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Adobe PDF
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