Winners and losers from the gradual formation of trading blocs

被引:10
作者
Macho-Stadler, Ines [1 ]
Xue, Licun
机构
[1] Univ Autonoma Barcelona, Barcelona, Spain
[2] CIREQ, Montreal, PQ, Canada
[3] McGill Univ, Montreal, PQ H3A 2T5, Canada
关键词
D O I
10.1111/j.1468-0335.2007.00589.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Although global free trade is efficient, each country's benefit from free trade depends on the path that leads to the global free trade agreement. Using a dynamic model of trading bloc formation, we show that when global free trade is reached gradually the countries that are initially excluded gain less than the rest and may be even made worse off by the final free trade agreement than they were in the initial state of no trading blocs.
引用
收藏
页码:664 / 681
页数:18
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