A “New Trade” Theory of GATT/WTO Negotiations
基于克鲁格曼的“新贸易”模型，提出关贸总协定/世界贸易组织谈判的新理论，强调国际生产转移，并利用双边贸易数据校准，发现该理论能解释合理的非合作关税及谈判带来的适度收益。
I suggest a novel theory of GATT/WTO negotiations based on Krugman's "new trade" model. It emphasizes international production relocations and is easy to calibrate to bilateral trade data. Focusing on the major players in recent GATT/WTO negotiations, I find that it implies reasonable noncooperative tariffs as well as moderate gains from GATT/WTO negotiations.