| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP962
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| DP962 Multilateral Tariff Cooperation During the Formation of Customs Unions |
| Robert Staiger; Kyle Bagwell
|
| 发表日期 | 1994-07-31
|
| 出版年 | 1994
|
| 语种 | 英语
|
| 摘要 | We study the implications of customs union formation for multilateral tariff cooperation. We model cooperation in multilateral trade policy as self-enforcing, in that it involves balancing the current gains from deviating unilaterally from an agreed-upon trade policy against the future losses from forfeiting the benefits of multilateral cooperation that such a unilateral defection would imply. The early stages of the process of customs union formation are shown to alter this dynamic incentive constraint in a way that leads to a temporary `honeymoon' for liberal multilateral trade policies. We find, however, that the harmony between customs unions and multilateral liberalization is temporary: Eventually, as the full impact of the emerging customs union becomes felt, a less favourable balance between current and future conditions re-emerges, and the liberal multilateral policies of the honeymoon phase cannot be sustained. We argue that this is compatible with the evolving implications of the formation of the European Community customs union for the ability to sustain liberal multilateral trade policies under the General Agreement on Tariffs and Trade. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Customs unions
Regionalism
Tariff cooperation
|
| URL | https://cepr.org/publications/dp962
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 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/530124
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推荐引用方式
GB/T 7714 |
Robert Staiger,Kyle Bagwell. DP962 Multilateral Tariff Cooperation During the Formation of Customs Unions. 1994.
|
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