2013 Fiscal Year Final Research Report
The effect of the formation of FTA on multilateral free trade
Project/Area Number |
23730251
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Multi-year Fund |
Research Field |
Applied economics
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Research Institution | Tokai University |
Principal Investigator |
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Project Period (FY) |
2011 – 2013
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Keywords | FTA / クールノー競争 |
Outline of Final Research Achievements |
This research investigates whether a formation of bilateral FTA paves the way for multilateral free trade (MFT). We obtain the following results: (1) suppose that the market sizes of negotiating countries are similar. The bilateral FTA is formed. (2) When the difference in market sizes of countries are relatively large, then MFT can be realized through overlapping FTAs only. (3) When the market sizes of the countries are quite similar, then the bilateral FTA becomes a building bloc for MFT through the expansion of the initial bilateral FTA only.
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Free Research Field |
社会科学
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