Economic determinants of free trade agreements
نویسندگان
چکیده
منابع مشابه
A political-economic analysis of free-trade agreements: Comment
By Xuepeng Liu Abstract: In his paper in the American Economic Review, Levy (1997) develops a political economy model of free-trade agreements (FTAs). He emphasizes that the homotheticity restriction of the production function assumed for the differentiated product is crucial for his model. This comment shows that this homotheticity assumption is unnecessary and actually problematic. It is prob...
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Small nations fear that FTAs with larger, richer nations will erode their industrial bases. These concerns are recognized in FTA and multilateral talks: small nations may explicitly or implicitly maintain higher trade barriers. Using a model where symmetric liberalization de-industrializes small, poor nations, we characterize the path of protection-asymmetries that allow liberalization without ...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2004
ISSN: 0022-1996
DOI: 10.1016/s0022-1996(03)00079-5