| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8253 |
| DP8253 Conditional versus Unconditional Trade Concessions for Developing Countries | |
| Carlo Perroni; Paola Conconi | |
| 发表日期 | 2011-02-14 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We consider a small open economy that faces a commitment problem in trade liberalization. We examine how the relationship with a large trading partner affects the ability of the small countrys government to sustain free trade through a reputational mechanism. If the small country's government is patient enough, it can overcome its domestic commitment without the help of the large country. Unconditional liberalization by the large trading partner has an ambiguous effect on the small country's dynamic incentives. Liberalization through a reciprocal trade agreement, in which the large country lowers its tariffs conditionally on the small country doing the same, unambiguously dominates unconditional liberalization by the large country as a way of boosting trade reforms and reinforcing policy credibility in the small country. However, if capacity in the import-competing sector can only be reduced gradually, a conditional, reciprocal agreement may require an asynchronous exchange of concessions, with the large country liberalizing before the small country. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Commitment Conditionality Developing countries Trade concessions |
| URL | https://cepr.org/publications/dp8253 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537090 |
| 推荐引用方式 GB/T 7714 | Carlo Perroni,Paola Conconi. DP8253 Conditional versus Unconditional Trade Concessions for Developing Countries. 2011. |
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