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Author: | Bagwell, K. Staiger, R. |
Title: | An economic theory of GATT |
Journal: | American Economic Review
1999 : MAR, VOL. 89:1, p. 215-248 |
Index terms: | ECONOMICS GATT GOVERNMENT |
Language: | eng |
Abstract: | The authors propose a unified theoretical framework within which to interpret and evaluate the foundational principles of GATT. Working within a general equilibrium trade model, the authors represent government preferences in a way that is consistent with national income maximization but also allows for the possibility of distributional concerns as emphasized in leading political- economy models. |
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