Eprint already available on another site (E-prints, Working papers and Research blog)
No trade, one-way or two-way trade?
Okubo, Toshihiro; Picard, Pierre M.; Thisse, Jacques-François
2011
 

Files


Full Text
no trade.pdf
Author postprint (415.28 kB)
Request a copy

All documents in ORBilu are protected by a user license.

Send to



Details



Keywords :
Trade regime; country asymmetry; capital mobility
Abstract :
[en] We study how the level of trade costs and the intensity of competition can explain the existence of two-way, one-way or no trade within the same industry. As trade costs decrease from very high to very low values, the economy moves from autarky to a regime of two-way trade, through a regime of one-way trade from the larger to the smaller country. Trade is less likely when the economy gets more competitive. Finally once capital is mobile across countries, the market delivers an outcome in which capital is too much concentrated in the large country.
Disciplines :
International economics
Author, co-author :
Okubo, Toshihiro
Picard, Pierre M. ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Thisse, Jacques-François
Language :
English
Title :
No trade, one-way or two-way trade?
Publication date :
March 2011
Publisher :
Research Institute for Economics & Business Administration, Kobe University.
Available on ORBilu :
since 10 December 2013

Statistics


Number of views
53 (2 by Unilu)
Number of downloads
1 (1 by Unilu)

Bibliography


Similar publications



Contact ORBilu