Non-preferential trading clubs

• 成果类型: Article
• 署名作者: Raimondos-Moller, P; Woodland, AD
• 署名单位: University of Sydney
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2004.11.005
• 发表日期: 2006
• 页码: 79-91
• 关键词: trading clubs; non-preferential tariff reform; Kemp-Wan-Ohyama proposition

摘要

This paper examines the welfare implications of non-discriminatory tariff reforms by a subset of countries, which we term a non-preferential trading club. We show that there exist coordinated tariff reforms, accompanied by appropriate income transfers between the member countries, that unambiguously increase the welfare of these countries while leaving the welfare of non-members unaltered. In terms of economic policy implications, our results show that there exist regional, MFN-consistent arrangements that lead to Pareto improvements in world welfare. (c) 2005 Elsevier B.V. All rights reserved.