SPILLOVER EFFECTS OF ECONOMIC INTEGRATION IN A THREE‐COUNTRY MODEL*

Jota Ishikawa and Hiroshi Mukunoki

The Japanese Economic Review, 2008, vol. 59, issue 2, 211-227

Abstract: Using a simple monopoly model, we examine the effects of economic integration. We show that the number of markets and the shapes of marginal revenue curves, are crucial in evaluating economic integration when the marginal cost is not constant. The effects of tariff reductions in a three‐country model contrast with those found in a two‐country model. Effects also depend on which trade policy the non‐member country adopts. When both importing countries simultaneously lower their tariffs, the Metzler paradox may arise.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.1111/j.1468-5876.2008.00407.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jecrev:v:59:y:2008:i:2:p:211-227

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1352-4739

Access Statistics for this article

The Japanese Economic Review is currently edited by Akira Okada

More articles in The Japanese Economic Review from Japanese Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().