Third-country effects on the formation of free trade agreements
نویسندگان
چکیده
منابع مشابه
Third-country effects on the formation of free trade agreements ¬リニ
a r t i c l e i n f o The recent proliferation of free trade agreements (FTAs) has resulted in an increasingly complex network of preferential trading relationships. The economics literature has generally examined the formation of FTAs as a function of the participating countries' economic characteristics alone. In this paper, we show both theoretically and empirically that the decision to ente...
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The proliferation of regional economic integration has resulted in a complex and continually expanding network of free trade agreements (FTAs). In explaining the formation of these agreements, the literature has generally focused on the e¤ect of country-pair characteristics and ignored the role of existing FTA network. In this paper we investigate, both theoretically and empirically, how third ...
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We study the endogenous formation of free trade agreements (FTAs) in a symmetric three-country model with vertically related markets characterized by Cournot competition. We analyze the coalition-proof Nash equilibria in an FTA formation game in which each country forms an FTA with one, both, or none of its trading partners. We show that multilateral free trade is the unique stable equilibrium ...
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positive or negative effects on trade depending on their design and implementation. Analysis in this chapter confirms that gains from a preferential trade agreement cannot be taken for granted; moreover, even in agreements with positive impacts on average incomes, not all members are assured of increases. The interesting policy question then is not whether RTAs are categorically good or bad, bu...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2010
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2010.06.003