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来源类型Working Paper
规范类型报告
DOI10.3386/w30166
来源IDWorking Paper 30166
Fighting Communism Supporting Collusion
Sebastian Galiani; Jose Manuel Paz y Miño; Gustavo Torrens
发表日期2022-06-20
出版年2022
语种英语
摘要We develop a simple model to explain why a powerful importer country like the United States may provide political support for international collusive agreements concerning certain commodities (e.g., coffee). This behavior raises questions due to the fact that an importer country should have strong economic incentives to avoid the cartelization of its suppliers. We show that an importer country sometimes helps producer countries organize and enforce collusion to advance important geopolitical goals, e.g., by reducing the chances that the producer countries will align with a rival global power (e.g., the Soviet Union). Moreover, using this practice, a powerful importer country can immediately share the cost of collusion with other importers (including allies). Thus, a powerful importer country may see collusion as a superior strategy to foreign aid (a priori a more direct and efficient instrument), which is riddled with free riding problems. The model sheds light on why the United States supported (or failed to support) international commodity agreements for coffee, sugar, and oil during and immediately after the Cold War period.
主题International Economics ; Trade ; Globalization and International Relations ; Industrial Organization ; Antitrust
URLhttps://www.nber.org/papers/w30166
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587840
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GB/T 7714
Sebastian Galiani,Jose Manuel Paz y Miño,Gustavo Torrens. Fighting Communism Supporting Collusion. 2022.
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