Reciprocated unilateralism in trade reforms with majority voting
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Author
Contributions
- Mitra, Devashish. - Contributor
- National Bureau of Economic Research. - Contributor
Publication
2004 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts
Language
English
Word Count
3,250 words, Guess
Page Count
13 pages
Identifiers
- OCLC Control Number56900577
- Open LibraryOL17625184M
Description
"This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria - countries may both be protectionist or trade freely with each other. Starting with trade protection in both countries, a unilateral reform in one country is thus shown to bring about a free trade equilibrium (a self-enforcing state) that is consistent with majority voting in both countries"--National Bureau of Economic Research web site.
Subjects
Topics
Series Statement
- NBER working paper series -- no. 10826.
- Working paper series (National Bureau of Economic Research) -- working paper no. 10826.
Links
Other Editions
- Reciprocated unilateralism in trade reforms with majority voting
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