Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
963057 | Journal of International Economics | 2011 | 14 Pages |
Abstract
⺠We develop a model of foreign influence and apply it to the study of optimal tariffs. ⺠Policies end up maximizing a weighted sum of domestic and foreign welfare. ⺠Without means of cooperation, foreign influence is generally welfare enhancing. ⺠When countries can negotiate agreements, foreign influence can easily prove harmful. ⺠Power imbalances are particularly detrimental when positively correlated with size.
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Economics and Econometrics
Authors
Pol Antrà s, Gerard Padró i Miquel,