Book chapter
Fixed Transport Costs and International Trade
Contemporary and Emerging Issues in Trade Theory and Policy, Vol.4, pp.91-107
Frontiers of Economics and Globalization, v. 4, Emerald
2008
DOI: 10.1016/S1574-8715(08)04005-0
Abstract
We develop a simple two-country model of international trade that assumes that there is a fixed cost of doing international trade. We show that this leads to multiple equilibria that can be Pareto-ranked. We examine the stability properties of these equilibria.
Details
- Title: Subtitle
- Fixed Transport Costs and International Trade
- Creators
- Didier Laussel - Univ Aix Marseille 2, F-13002 Marseille, FranceRaymond Riezman - Univ Iowa, Iowa City, IA 52242 USA
- Contributors
- S Marjit (Editor)S H Yu (Editor)
- Resource Type
- Book chapter
- Publication Details
- Contemporary and Emerging Issues in Trade Theory and Policy, Vol.4, pp.91-107
- Series
- Frontiers of Economics and Globalization; v. 4
- DOI
- 10.1016/S1574-8715(08)04005-0
- ISSN
- 1574-8715
- Publisher
- Emerald; Bingley
- Number of pages
- 17
- Language
- English
- Date published
- 2008
- Academic Unit
- Economics
- Record Identifier
- 9984963118602771
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