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Bilateral trade agreements and the feasibility of multilateral free trade
Saggi, Kamal; Yildiz, Halis Murat - Volkswirtschaftliche Fakultät, … - 2008
This paper compares stable Nash equilibria of two games of trade liberalization. In the FTA game, each country can form an FTA with either one of its trade partners, or both of them, or none of them. By contrast, in the No FTA game, each country must choose either no agreement or free trade....
Persistent link: https://www.econbiz.de/10008565424
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Bilateralism, multilateralism, and the quest for global free trade
Saggi, Kamal; Yildiz, Halis Murat - Volkswirtschaftliche Fakultät, … - 2009
We develop an equilibrium theory of trade agreements in which both the degree and the nature (bilateral or multilateral) of trade liberalization are endogenously determined. To determine whether and how bilateralism matters, we also analyze a scenario where countries pursue trade liberalization...
Persistent link: https://www.econbiz.de/10008565427
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Preferential trade agreements between asymmetric countries: Free trade areas (with rules of origin) vs. customs unions
Chang, Yang-Ming; Xiao, Renfeng - In: Japan and the World Economy 33 (2015) C, pp. 28-43
This paper examines differences in welfare implications between a free trade area (FTA) and a customs union (CU) for member countries differing in their market sizes. In a stylized three-country model of trade under oligopoly, we take into account the conditions that FTA members set external...
Persistent link: https://www.econbiz.de/10011264451
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Multilateralising Regionalism: Disciplines on Export Restrictions in Regional Trade Agreements
Korinek, Jane; Bartos, Jessica - Trade and Agriculture Directorate, Organisation de … - 2012
restrictions. The WTO provides a general prohibition on quantitative export restrictions but the broad and, at times, ambiguous … exceptions somewhat vitiate the ban. Moreover, export taxes are not explicitly forbidden in the WTO. This study suggests that … there are a number of ways by which WTO disciplines could benefit from the approaches found in some RTAs in the area of …
Persistent link: https://www.econbiz.de/10011277109
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Chapter 33 Culture in International Trade
Acheson, Keith; Maule, Christopher - In: Handbook of the economics of art and culture : volume 1, (pp. 1141-1182). 2006
inclusion of GATS and TRIPS in the WTO made the WTO a more important influence on international cultural policy than its GATT … either separate international cultural policy governance from the WTO or strengthen the bargaining position of cultural … industry interests in WTO negotiations. These discussions take place in circumstances where there are serious shortcomings in …
Persistent link: https://www.econbiz.de/10014023796
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Five essays on international trade, factor flows, and the gains from globalization
Heiland, Inga - 2017
This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...
Persistent link: https://www.econbiz.de/10011736433
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Essays on international trade and development
Heid, Benedikt - 2014
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
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From Bound Duties to Actual Protection: Industrial Liberalisation in the Doha Round
Bchir, Mohamed Hedi; Fontagné, Lionel; Jean, Sébastien - European Network of Economic Policy Research Institutes … - 2005
In the background of the Doha Round of trade negotiations, this study proposes a CGE assessment of multilateral liberalisation of market access for non-agricultural products. The scenarios considered include the so-called ‘Girard proposal’ (with alternative choices for the coefficient...
Persistent link: https://www.econbiz.de/10005427396
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Terms-of-Trade Impacts of Trade Agreements and the Choice of Trade Policy
Jarreau, Joachim - 2014
This paper studies the impacts and determinants of trade policy. I use data on applied tariff protection of world countries over 2001-2007 to estimate sector-level trade elasticities. I then calibrate a structural gravity model of world trade. I compute the impacts of trade agreements which were...
Persistent link: https://www.econbiz.de/10010796536
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Multilateral Stability and Efficiency of Trade Agreements: A Network Formation Approach
Jorzik, Nathalie; Mueller-Langer, Frank - 2013
We study the endogenous network formation of bilateral and multilateral trade agreements by means of hypergraphs and introduce the equilibrium concept of multilateral stability. We consider multi-country settings with a firm in each country that produces a homogeneous good and competes as a...
Persistent link: https://www.econbiz.de/10010427654