Stable Multilateral Trade Agreements

17 Pages Posted: 6 Oct 2003

See all articles by Ines Macho-Stadler

Ines Macho-Stadler

Universidad Autonoma de Barcelona; Barcelona Graduate School of Economics (Barcelona GSE); CESifo (Center for Economic Studies and Ifo Institute)

David Pérez-Castrillo

Universidad Autonoma de Barcelona; CESifo (Center for Economic Studies and Ifo Institute)

Clara Ponsati

Autonomous University of Barcelona - Department of Economics and Economic History

Abstract

We analyse multilateral tariff negotiations as a game in coalition form. In a model with three identical countries that produce and trade an homogeneous commodity, and where countries' aggregated welfare can weight differently their different components, we analyse how changes in the countries' objective affects the stability of coalitions. In other words, we characterize what tariff-agreements, if any, are stable (i.e. lie in the core).

Suggested Citation

Macho-Stadler, Ines and Pérez-Castrillo, David and Ponsati, Clara, Stable Multilateral Trade Agreements. Available at SSRN: https://ssrn.com/abstract=440020

Ines Macho-Stadler (Contact Author)

Universidad Autonoma de Barcelona ( email )

Departamento de Economia e Historia Economica
08193 Barcelona
Spain

Barcelona Graduate School of Economics (Barcelona GSE) ( email )

Ramon Trias Fargas, 25-27
Barcelona, Barcelona 08005
Spain

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

David Pérez-Castrillo

Universidad Autonoma de Barcelona ( email )

Edifici B - Campus Bellaterra
Barcelona, 08193
Spain
(34 93) 381 1405 (Phone)
(34 93) 581 2012 (Fax)

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

Clara Ponsati

Autonomous University of Barcelona - Department of Economics and Economic History ( email )

Edifici B - Campus Bellaterra
Barcelona, 08193
Spain

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
32
Abstract Views
989
PlumX Metrics