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作者：Corsetti, G
作者单位：Roma Tre University
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作者：Mitra, D
作者单位：State University System of Florida; Florida International University
摘要：In a bargaining model of endogenous protection, I introduce fixed costs of political-organization that need to be incurred by capitalists prior to actual lobbying. Unlike Maggi and Rodriguez-Clare [J. Pol. Econ. 106(3) (1998) 575] intersectoral capital mobility is disallowed. Nevertheless, I am still able to obtain their main result that a government with low bargaining power vis-a-vis the import-competing lobby precommits to a free-trade agreement. Further, with high fixed organizational cost...
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作者：Blonigen, BA
作者单位：University of Oregon; National Bureau of Economic Research
摘要：This paper examines the tariff-jumping response of all firm and product combinations subject to US antidumping investigations from 1980 to 1990 using a newly constructed database. Previous studies have focused only on Japanese FDI responses to antidumping protection and found large tariff-jumping responses. In contrast, this paper finds quite modest tariff-jumping responses and the evidence suggests that tariff-jumping is only a realistic option for multinational firms from industrialized coun...
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作者：Ludema, RD
作者单位：Georgetown University; Georgetown University
摘要：This paper uses a model of horizontal multinational enterprises to explore the relationship between transportation costs and trade policy cooperation. Tariffs have the effect of attracting foreign direct investment to the benefit of consumers in the host country. As transport costs fall, the incentive to impose tariffs falls and the benefits to cooperation rise. Thus, in a repeated game in which cooperation is limited by a self-enforcement constraint, a reduction in transport costs facilitates...
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作者：Furusawa, T; Wen, Q
作者单位：Yokohama National University; Vanderbilt University
摘要：This paper analyzes trade negotiations between two large countries in the framework of an alternating-offer bargaining model with endogenous interim disagreement actions, Despite of the flexibility in disagreement tariff selection, the countries would keep the status quo tariffs in disagreement periods as far as the country which benefits from keeping the status quo tariffs compensates for the other country's foregone gains from deviating in disagreement actions. Each equilibrium outcome conve...
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作者：O'Connell, PGJ; Wei, SJ
作者单位：Harvard University; Harvard University; Brookings Institution
摘要：This paper examines the evidence for nonlinear price behavior in retail goods prices across U.S. cities. First, a simple continuous-time model is used to explore the types of price behavior that can arise in the presence of market frictions. These frictions could be interpreted as transport costs, but we prefer a broader interpretation in which they operate at the level of technology and preferences. Second, we gather price data from 24 U.S. cities on individual goods like orange juice and too...
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作者：Heinemann, F; Illing, G
作者单位：University of Munich
摘要：Models with multiple equilibria are a popular way to explain currency attacks. Morris and Shin (1998) have shown that, in the context of those models, unique equilibria may prevail once noisy private information is introduced. In this paper, we apply the method of Morris and Shin to a broader class of probability distributions and show-using the technique of iterated elimination of dominated strategies-that their results continue to hold, even if we allow for sunspots and individual uncertaint...
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作者：Conconi, P; Perroni, C
作者单位：University of Warwick
摘要：We describe a model of international, multidimensional policy coordination where countries can enter into selective and separate agreements with different partners along different policy dimensions. The model is used to examine the implications of negotiation tie-in - the requirement that agreements must span multiple dimensions of interaction for the viability of multilateral cooperation when countries are linked by international trade flows and transboundary pollution. We show that, while in...
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作者：Forslid, R; Haaland, JI; Knarvik, KHM
作者单位：Norwegian School of Economics (NHH); Stockholm University
摘要：We use a large-scale CGE-model to simulate the effects of gradual economic integration on the location of industrial production. Our results reveal large differences among industries, Industries with high scale elasticities typically display a non-monotonous relationship between trade liberalisation and concentration, with maximum concentration for intermediate trade costs. Other industries, more driven by comparative advantage, become monotonously more concentrated as trade costs fall. On the...
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作者：Pastine, I
作者单位：Ihsan Dogramaci Bilkent University
摘要：This paper demonstrates that the implications of first-generation speculative attack models do not hold if there is a rational, forward-looking policy maker. The policy maker will be able to avoid predictable speculative attacks by introducing uncertainty into the decisions of speculators. This changes the sudden attack into a prolonged period of increasing speculation and uncertainty. In addition, the model provides useful insights into the viability of temporary nominal anchor policies, and ...
