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Regional Free Trade Areas and Strategic Trade Policies

  • Book
  • © 2016

Overview

Editors:
  1. Takao Ohkawa

    1. Faculty of Economics, Ritsumeikan University, Kusatsu, Japan

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  2. Makoto Tawada

    1. Faculty of Economics, Aichi Gakuin University, Nagoya, Japan

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  3. Makoto Okamura

    1. Economics Department, Hiroshima University, Higashihiroshima, Japan

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  4. Ryoichi Nomura

    1. Faculty of Economics, Ritsumeikan University, Kusatsu, Japan

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  • Provides a theoretical analysis of the formation of regional trade areas
  • Uses the theory of a timing game in the analysis of strategic trade policies
  • Analyzes the behavior of firms in international trade

Part of the book series: New Frontiers in Regional Science: Asian Perspectives (NFRSASIPER, volume 10)

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xv
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  2. The Formation of Free Trade Agreements

    1. Front Matter

      Pages 1-1
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    2. Expansion of Free Trade Agreements, Overlapping Free Trade Agreements,and Market Size

      • Ryoichi Nomura, Takao Ohkawa, Makoto Okamura, Makoto Tawada
      Pages 3-19

    3. The Feasibility of Multilateral Free Trade and Mode of Competition: Stackelberg Versus Cournot Competitions

      • Ryoichi Nomura
      Pages 21-37

    4. Sustainability of Free Trade Agreements Under a Maximum Revenue Tariff

      • Makoto Okamura, Takao Ohkawa
      Pages 39-56

    5. Technology Choice, Firm Behavior, and Free Trade Agreements

      • Ryoichi Nomura, Makoto Okamura, Takao Ohkawa
      Pages 57-68

  3. The Timing of Trade Policies

    1. Front Matter

      Pages 69-69
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    2. Endogenous Timing in Trade Policy Under the Three-Country Model

      • Takao Ohkawa, Makoto Okamura, Makoto Tawada
      Pages 71-94

    3. Endogenous Timing Decision on Trade Policies Between Importing and Exporting Countries with Many Firms

      • Yordying Supasri, Makoto Tawada
      Pages 95-115

  4. The Roles of Trade Policies

    1. Front Matter

      Pages 117-117
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    2. Government Intervention Brings About Free-Trade Outcomes in the Long Run

      • Takao Ohkawa, Masayuki Hayashibara, Ryoichi Nomura, Makoto Okamura
      Pages 119-135

    3. Optimum Welfare and Maximum Revenue Tariff Under Oligopoly: A Note

      • Masayuki Hayashibara
      Pages 137-149

    4. Cost Asymmetries and Import Tariff Policy in a Vertically Related Industry

      • Yasushi Kawabata
      Pages 151-163

  5. Food and Trade Policies

    1. Front Matter

      Pages 165-165
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    2. Strategic Trade Policy and Food Trade

      • Makoto Tawada, Madoka Okimoto
      Pages 167-179

    3. International Price Competition Among Food Industries: The Role of Income, Population, and Biased Consumer Preference

      • Madoka Okimoto
      Pages 181-210
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Keywords

About this book

This book presents a theoretical investigation of the formation of regional free trade agreements (FTAs), the behavior of global enterprises, and government trade policies in various game forms including multi-stage games, repeated games, and timing games. In the last few decades, the number of FTAs has been rapidly increasing in the world, especially in Asia. In particular, East Asian countries are expected to be main engines for sustaining the world economy. Focusing on East Asian economies, strategic behaviors of governments and firms in order to attain their own aims are examined. The analytical methods employed in this book are those currently being developed or that recently have been created. The topics are important contemporary issues in regional areas facing the rapid economic changes brought about by globalization. Most chapters of this book are based on original work that was published in international journals but now has been completely rewritten, with restructuring and extension of the original work. This book, with its up-to-date information, will be of interest to academic researchers in universities and economic research institutions and to students working on advanced degrees in economics.

Editors and Affiliations

  • Faculty of Economics, Ritsumeikan University, Kusatsu, Japan

    Takao Ohkawa, Ryoichi Nomura

  • Faculty of Economics, Aichi Gakuin University, Nagoya, Japan

    Makoto Tawada

  • Economics Department, Hiroshima University, Higashihiroshima, Japan

    Makoto Okamura

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