Trade Liberalization and Welfare: Differentiated-good vs. Homogeneous-good Markets
2011/12/13
研討會日期 : 2011-12-13
時間 : 14:30
主講人 : Professor Dao-Zhi Zeng
地點 : Conference Room B110
演講者簡介 : Dao-Zhi Zeng received his Ph.D. in Applied Mathematics and Physics from Kyoto University in 1996. He is currently serving as Professor of Information Science at Tohoku University. His research field is in regional science and urban economics, game theory, conflict resolution and operations research.
演講摘要 : In this paper, we examine the effects of liberalization on industrial location and national welfare in a framework of New Economic Geography. Specifically, we explicitly incorporate arbitrary trade costs in both differentiated-good and homogenous-good sectors into a two-country model, and clarify the effects of trade-barrier reduction in each sector. We show that their impacts on welfare levels in two countries are different, and, if an industry is liberalized while the other is protected, a conflict of interests between the countries might occur. Therefore, liberalization in both sectors is necessary to avoid or alleviate such a conflict of interest.
