Preferential Trade Agreements Harm Third Countries
Preferential Trade Agreements Harm Third Countries
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DOI：
10.1111/ecoj.12159
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发表时间：
2015-12
期刊：
影响因子：
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通讯作者：
P. Mossay;T. Tabuchi
中科院分区：
文献类型：
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作者：
P. Mossay;T. Tabuchi
在本文中，我们研究了存在价格效应的不完全竞争环境下的市场自由化。为此，我们构建了一个具有内生价格和工资的垄断竞争下的三国国际贸易模型。邻近效应解释了大小效应如何在国家之间传播。当一个国家的规模扩大时，它的相对工资就会增加，小国和近国的工资也会增加，而遥远的大国的工资就会下降。我们还发现，优惠贸易协定提高了一体化效应占主导地位的伙伴国的相对工资、福利和贸易条件，而它降低了第三国的相对工资、福利和贸易条件。
In this paper, we study market liberalization in an imperfectly competitive environment in the presence of price effects. For this purpose, we build a three-country model of international trade under monopolistic competition with endogenous prices and wages. The neighboring effect translates how the size effect propagates across countries. When some country increases in size, its relative wage increases, as well as that in a small and near country, while that in a large and distant country falls. We also show that a preferential trade agreement increases the relative wage, the welfare, and the terms-of-trade in the partner countries, where the integration effect dominates, while it lowers those in the third country.