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Trade Gains and Public Goods
Author(s) -
Shimomura Koji
Publication year - 2007
Publication title -
review of international economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.513
H-Index - 58
eISSN - 1467-9396
pISSN - 0965-7576
DOI - 10.1111/j.1467-9396.2007.00704.x
Subject(s) - public good , economics , international trade , general equilibrium theory , international economics , microeconomics
This paper proves that in a multicountry general‐equilibrium model of international trade with local public goods, free trade is beneficial if the governments in the trading world behave strategically with respect to the provision of public goods.