TY - JOUR
T1 - On Nations’ Size and Transportation Costs
AU - Shachmurove, Yochanan
AU - Spiegel, Uriel
PY - 1995/6
Y1 - 1995/6
N2 - This paper develops a noncooperative Nash model in which a closed border is opened to trade between countries that differ in size and transportation costs. the paper suggests an explanation as to why economists have not convinced policymakers to lift all barriers to free trade. the questions we pose are: Who will gain as a result of opening the borders? Is free trade beneficial to the two parties involved? Do they both share equally in the fruits of free trade? Which country, large or small, benefits most? It is shown that free trade is not beneficial to both countries.
AB - This paper develops a noncooperative Nash model in which a closed border is opened to trade between countries that differ in size and transportation costs. the paper suggests an explanation as to why economists have not convinced policymakers to lift all barriers to free trade. the questions we pose are: Who will gain as a result of opening the borders? Is free trade beneficial to the two parties involved? Do they both share equally in the fruits of free trade? Which country, large or small, benefits most? It is shown that free trade is not beneficial to both countries.
UR - http://www.scopus.com/inward/record.url?scp=84982720011&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9396.1995.tb00066.x
DO - 10.1111/j.1467-9396.1995.tb00066.x
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SN - 0965-7576
VL - 3
SP - 235
EP - 243
JO - Review of International Economics
JF - Review of International Economics
IS - 2
ER -