Abstract

http://ssrn.com/abstract=920526
 
 

References (23)



 
 

Citations (18)



 


 



Bilateralism and Free Trade


Sanjeev Goyal


University of Cambridge

Sumit Joshi


George Washington University - Department of Economics


International Economic Review, Vol. 47, No. 3, pp. 749-778, August 2006

Abstract:     
We study a setting with many countries; in each country there are firms that can sell in the domestic as well as foreign markets. Countries can sign bilateral free-trade agreements that lower import tariffs and thereby facilitate trade. We allow a country to sign any number of bilateral free-trade agreements. A profile of free-trade agreements defines the trading regime. Our principal finding is that, in symmetric settings, bilateralism is consistent with global free trade. We also explore the effects of asymmetries across countries and political economy considerations on the incentives to form trade agreements.

Number of Pages in PDF File: 30

Accepted Paper Series


Date posted: March 1, 2007  

Suggested Citation

Goyal, Sanjeev and Joshi, Sumit, Bilateralism and Free Trade. International Economic Review, Vol. 47, No. 3, pp. 749-778, August 2006. Available at SSRN: http://ssrn.com/abstract=920526 or http://dx.doi.org/10.1111/j.1468-2354.2006.00395.x

Contact Information

Sanjeev Goyal (Contact Author)
University of Cambridge ( email )
King's Parade
Cambridge, CB3 0DS
United Kingdom
Sumit Joshi
George Washington University - Department of Economics ( email )
Monroe Hall, Suite 340
2115 G Street, NW
Washington, DC 20052
United States
(202) 994-6154 (Phone)
(202) 994-6147 (Fax)
HOME PAGE: http://www.gwu.edu/~econ/faculty/joshi.html
Feedback to SSRN


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References:  23
Citations:  18

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