کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
966277 | 930943 | 2010 | 15 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Trade imbalances and harmonization of competition policies
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موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Trade imbalances and harmonization of competition policies Trade imbalances and harmonization of competition policies](/preview/png/966277.png)
چکیده انگلیسی
The present study constructs a game in which the two countries strategically set competition policies in their respective non-tradable service sectors. These policies affect the countries' utilities through the presence of trade imbalances. We demonstrate that in the presence of persisting trade imbalances, in a Nash equilibrium, the trade-deficit country maintains perfect competition while the trade-surplus country restricts competition. This shows it highly difficult to harmonize their policies to achieve the first best state under the current international trade regime, which is centered around the principle of reciprocity.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 46, Issue 4, 20 July 2010, Pages 438-452
Journal: Journal of Mathematical Economics - Volume 46, Issue 4, 20 July 2010, Pages 438-452
نویسندگان
Makoto Yano, Takakazu Honryo,