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Trade Barriers as Bargaining Outcomes
Author(s) -
Gawande Kishore,
Li Hui
Publication year - 2006
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2006.00793.x
Subject(s) - grossman , economics , bilateral trade , simple (philosophy) , international economics , international trade , keynesian economics , law , political science , philosophy , epistemology , china
Whether bilateral trade barrier data conform with the Grossman‐Helpman (1995) model's predictions about ‘trade talks’ is examined in this article. A simple form of the prediction from the model is tested. Bilateral US‐Japan and US‐EU data from the 1990s are employed. The results are the first in the literature.