Multilateralism and Hub-and-Spoke Bilateralism
Multilateralism and Hub-and-Spoke Bilateralism
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DOI：
10.1111/j.1467-9396.2006.00636.x
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发表时间：
2006-08
期刊：
影响因子：
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通讯作者：
H. Mukunoki;Kentaro Tachi
中科院分区：
文献类型：
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作者：
H. Mukunoki;Kentaro Tachi
本文研究了寡头垄断模型下双边自由贸易协定的序贯谈判。通过重叠的贸易协定扩大贸易集团允许选择中心辐射制，并实现多边自由贸易作为均衡路径，即使通过接纳新成员扩大贸易集团是不可行的。结果表明，自由贸易区(FTA)往往比关税同盟(CU)扩大得更多。生产国的游说既可以通过重叠的自贸协定促进或破坏多边自由贸易的实现。
This paper studies sequential negotiations of bilateral free-trade agreements in an oligopoly model. The expansion of trading blocs through overlapping trade agreements allows the option of hub-and-spoke systems and achieves multilateral free trade as the equilibrium path, even if the expansion of trading blocs through the acceptance of new members is not feasible. The results suggest that free-trade areas (FTAs) tend to expand more than customs unions (CUs). Lobbying by a producer can either promote or undermine the achievement of multilateral free trade through overlapping FTAs.