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either a higher lobbying sensitivity to the foreign firm or a more susceptibility of politicians to lobbying are sufficient …. In contrast, under a FTA, if politicians are very susceptible to lobbying, the results appear to be ambiguous …
Persistent link: https://www.econbiz.de/10014066309
This paper explains why free trade agreements (FTAs) are more popular than customs unions (CUs), and it identifies the optimal rule in FTAs and CUs to achieve global tariff-free trade. Employing an equilibrium theory of trade agreements with tariff coordination, I demonstrate that two FTA...
Persistent link: https://www.econbiz.de/10013004000
Purpose – This paper explains why free trade agreements (FTAs) are more popular than customs unions (CUs) in respect of tariff coordination. Design/methodology – This paper employs an equilibrium theory of trade agreements with tariff coordination. I set up three-country partial equilibrium...
Persistent link: https://www.econbiz.de/10012862448
The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n-country model in which countries trade differentiated industrial commodities as well as a numeraire good. Countries may be different in the size of the industrial good industry...
Persistent link: https://www.econbiz.de/10014075703
Persistent link: https://www.econbiz.de/10001788917
The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n-country model in which countries trade differentiated industrial commodities as well as a numeraire good. Countries may be different in the size of the industrial good industry...
Persistent link: https://www.econbiz.de/10011591686
governments' valuations of political contributions, discount factors, the lobbying position of the specific-interest groups in the … protectionist lobbying could be more sustainable than the FTA under no political pressure; (ii) the lobby-supported FTA is more …
Persistent link: https://www.econbiz.de/10014069131
The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n-country model in which countries trade differentiated industrial commodities as well as a numeraire good. Countries may be different in the size of the industrial good industry...
Persistent link: https://www.econbiz.de/10011325086
This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...
Persistent link: https://www.econbiz.de/10011742960
This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...
Persistent link: https://www.econbiz.de/10013447126