研討日期

20160213日上午10:20 ~ 13:00

研討地點

台大社會科學院26教室

題目

Pursue Global Free Trade by Sequential or Simultaneous Forming Customs Unions

作者

Te-Cheng Lu

文獻出處

Working Paper

報告人

Te-Cheng Lu

參加人員

·         呂得成、王羿傑、曹古駒、彭正浩、林燕淑、林晏如、高國峯、丁虹仁

摘要

This paper constructs a three-country intra-industry trade model with asymmetric cost firms to analyze the welfare effects under sequential of simultaneous customs unions (CUs) forming on the basis of the most-favored-nation (MFN) clause.  A cost-efficient (cost-inefficient) CU imposes a low (high) common external tariff on different non-member country.  A bilateral or an expanding customs union forming between countries acts as building block which depends on cost efficiency.  The sequential forming customs unions may yield global free trade if the difference in cost efficiency is sufficiently low but the global free trade in simultaneous forming of CUs is a unique Coalition-Proof Nash Equilibrium.