{"title":"双边贸易协定如何阻碍多边协定:WTO为何被边缘化","authors":"Jayson Beckman, Maros Ivanic, Saleem Shaik","doi":"10.1016/j.jpolmod.2023.05.006","DOIUrl":null,"url":null,"abstract":"<div><p>We use a ‘Nash in Nash’ framework within a computable general equilibrium model to determine the welfare maximizing set of bilateral trade agreements for countries in the Trans-Pacific Partnership. Comparing these agreements to an agreement involving all countries/sectors, we find that welfare is always larger in the multilateral agreement. This is because several sectors are often excluded from the bilateral agreements, and not all countries would have a bilateral agreement with others. The sectors that are often excluded from the agreements are agriculture, as these sectors are often deemed ‘sensitive’ in negotiations and are protected by high initial tariffs.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":"45 5","pages":"Pages 877-894"},"PeriodicalIF":3.5000,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"How bilateral trade deals get in the way of multilateral agreements: Why WTO is marginalized\",\"authors\":\"Jayson Beckman, Maros Ivanic, Saleem Shaik\",\"doi\":\"10.1016/j.jpolmod.2023.05.006\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>We use a ‘Nash in Nash’ framework within a computable general equilibrium model to determine the welfare maximizing set of bilateral trade agreements for countries in the Trans-Pacific Partnership. Comparing these agreements to an agreement involving all countries/sectors, we find that welfare is always larger in the multilateral agreement. This is because several sectors are often excluded from the bilateral agreements, and not all countries would have a bilateral agreement with others. The sectors that are often excluded from the agreements are agriculture, as these sectors are often deemed ‘sensitive’ in negotiations and are protected by high initial tariffs.</p></div>\",\"PeriodicalId\":48015,\"journal\":{\"name\":\"Journal of Policy Modeling\",\"volume\":\"45 5\",\"pages\":\"Pages 877-894\"},\"PeriodicalIF\":3.5000,\"publicationDate\":\"2023-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Policy Modeling\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0161893823000480\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Policy Modeling","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0161893823000480","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
How bilateral trade deals get in the way of multilateral agreements: Why WTO is marginalized
We use a ‘Nash in Nash’ framework within a computable general equilibrium model to determine the welfare maximizing set of bilateral trade agreements for countries in the Trans-Pacific Partnership. Comparing these agreements to an agreement involving all countries/sectors, we find that welfare is always larger in the multilateral agreement. This is because several sectors are often excluded from the bilateral agreements, and not all countries would have a bilateral agreement with others. The sectors that are often excluded from the agreements are agriculture, as these sectors are often deemed ‘sensitive’ in negotiations and are protected by high initial tariffs.
期刊介绍:
The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.