The GATT and gradualism
成果类型:
Article
署名作者:
Zissimos, Ben
署名单位:
Vanderbilt University
刊物名称:
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN:
0022-1996
DOI:
10.1016/j.jinteco.2006.06.004
发表日期:
2007
页码:
410-433
关键词:
free trade
gradual trade liberalization
strategic interactions
Trade agreement
welfare
摘要:
This paper shows how the institutional rules imposed on its signatories by the GATT created a strategic incentive for countries to liberalize gradually. Trade liberalization must be gradual, and free trade can never be achieved, if punishment. for deviation from an agreement is limited to a 'withdrawal of equivalent concessions' and if initial deviation from an agreement is also limited. The paper shows how (sufficiently patient) countries have an incentive to deviate in a limited way when operating under GATT dispute settlement procedures. (C) 2006 Elsevier B.V. All rights reserved.
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