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Preferential Trade and Welfare with Differentiated Products

机译：差异化产品的优惠贸易和福利

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摘要

We consider analytically and numerically the welfare tradeoffs inherent in a preferential trade area (PTA) with products differentiated by region of origin. For a small open economy in such a setting, welfare gains are associated with higher trade volumes within the PTA. However, welfare losses are induced by declining tariff revenues on trade with non-member countries. We show that both effects are concave, while one is a non-monotonic and the other a potentially non-monotonic function of pre-PTA partner trade shares. Therefore, the relationship between initial partner import shares and direct static welfare impacts of a PTA are theoretically ambiguous. This finding contrasts with conventional results in the homogeneous-goods case, whereby the smaller is the pre-agreement trade volume with a potential partner the more beneficial is a PTA.
机译：我们在分析和数字上考虑了优惠贸易区（PTA）中固有的福利权衡，其产品按原产地区分。对于在这种情况下的小型开放经济体，福利收益与PTA内更高的贸易量有关。但是，福利损失是由于与非成员国贸易的关税收入下降而引起的。我们表明，两种效应都是凹入的，而一个是PTA前合作伙伴贸易份额的非单调函数，另一个是潜在的非单调函数。因此，理论上，初始伙伴进口份额与PTA的直接静态福利影响之间的关系是模糊的。这一发现与同类商品情况下的常规结果形成对比，后者与潜在伙伴的协议前贸易量越小，PTA越有利。

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  • 来源
    《Review of international economics》 |2012年第5期|p.884-892|共9页
  • 作者

    Denise Eby Konan; Keith E. Maskus;

  • 作者单位

    University of Hawaii at Manoa, Honolulu, HI 96822;

    University of Hawai'I at Manoa, Honolulu, HI 96822,UCB 256, University of Colorado at Boulder, Boulder CO 80309-0256;

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