Capital Abundance and Its Consequences for Trade Policy

Carl Christian von Weizsäcker ()
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Carl Christian von Weizsäcker: Max Planck Institute for Research on Collective Goods

Intereconomics: Review of European Economic Policy, 2019, vol. 54, issue 5, 275-279

Abstract: Abstract Protectionist moves may be countered by reference to the conundrum of capital scarcity. In a world in which unilateral imposition of trade barriers are a looming possibility, capital scarcity may nevertheless imply that free trade is a kind of Nash equilibrium.

Date: 2019
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DOI: 10.1007/s10272-019-0838-8

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