haku: @indexterm Tariffs / yhteensä: 286
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| Tekijä: | Furusawa, T. |
| Otsikko: | The negotiation of sustainable tariffs |
| Lehti: | Journal of International Economics
1999 : AUG, VOL. 48:2, p. 321-345 |
| Asiasana: | Tariffs Negotiation Models |
| Vapaa asiasana: | Trade relations |
| Kieli: | eng |
| Tiivistelmä: | The governments of two countries explicitly negotiate over a new pair of tariffs. As soon as they reach agreement, the countries put into effect the agreed-upon pair of tariffs, which must be self-enforcing. The way in which the difference in the two governments' patience affects the negotiation results is investigated. it is found that the country with the more patient government gains most from the negotiation if the time lag btw. defection and punishment in the implementation phase is short. The opposite is true if the response lag in the implementation phase is long. |
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