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We examine in detail the circumstances under which reciprocity, as defined in Bagwell and Staiger (1999), leads to … fixed world prices. We show that a change of tariffs satisfying reciprocity does not necessarily imply constant world prices … reciprocity and constant world prices, these reforms do not follow from the reciprocity condition, but rather from the requirement …
Persistent link: https://www.econbiz.de/10009312187
We examine in detail the circumstances under which reciprocity, as defined in Bagwell and Staiger (1999), leads to … fixed world prices. We show that a change of tariffs satisfying reciprocity does not necessarily imply constant world prices … reciprocity and constant world prices, these reforms do not follow from the reciprocity condition, but rather from the requirement …
Persistent link: https://www.econbiz.de/10013119523
Persistent link: https://www.econbiz.de/10012416734
why an important driving force of mercantilistically motivated trade negotiations has become weaker, the reciprocity … negotiation partners. -- International Trading Order ; Multilateral Trading Negotiations ; Reciprocity …
Persistent link: https://www.econbiz.de/10003872014
First Japan, and more recently the People's Republic of China, have pursued exportoriented growth strategies. While other Asian countries have done likewise, the cases of Japan and the People's Republic of China are of particular interest because their economies are so large and the size of the...
Persistent link: https://www.econbiz.de/10003901484
incumbent can file a trade dispute to appeal to voters motivated by reciprocity. The incumbent's ability to initiate a dispute …
Persistent link: https://www.econbiz.de/10010530066
We introduce a reciprocity protocol, an innovative approach to coordinating and sharing rewards in blockchains …-dominant symmetric equilibrium. In it, even self-centered participants show extensive reciprocity to one another. Thus, despite a setting …
Persistent link: https://www.econbiz.de/10012321308
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