Global Free Trade is in the Core of a Customs Union Game*

B-Tier
Journal: Review of International Economics
Year: 2009
Volume: 17
Issue: 2
Pages: 304-309

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper shows nonemptiness of the core of a customs union game with a status quo equilibrium with tariffs by employing an appropriate notion of the core as in Kowalczyk and Sjöström (1994, Economica). Specifically, we find that if customs unions may have no effects on nonmember countries as in Ohyama (1972, Keio Economic Studies) and Kemp and Wan (1976, Journal of International Economics) then a subset of countries forming such a customs union does not block global free trade when accompanied by so‐called Grinols transfers (Grinols, 1981, Journal of International Economics).

Technical Details

RePEc Handle
repec:bla:reviec:v:17:y:2009:i:2:p:304-309
Journal Field
International
Author Count
3
Added to Database
2026-01-25