Free trade networks based on R&D perspective
Authors
Chengsan Lei
Corresponding Author
Chengsan Lei
Available Online August 2016.
- DOI
- 10.2991/essaeme-16.2016.106How to use a DOI?
- Keywords
- FTA Network, R&D Competition, Market Shares
- Abstract
Based on Goyal and Joshi, we study a setting with many countries, in which there are firms that can sell in the domestic as well as foreign markets , and assumed that each firm compete to take the form of non-price, and analysis the incentive of country to sign FTA with other countries via Classical Competition Model. Our principal finding is that 1)two isolated countries have no incentive to sign an FTA, and the empty network is stable. 2) The complete trading network is stable if ; 3) There is no improving path from the empty network to the complete network .
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Chengsan Lei PY - 2016/08 DA - 2016/08 TI - Free trade networks based on R&D perspective BT - Proceedings of the 2016 International Conference on Economics, Social Science, Arts, Education and Management Engineering PB - Atlantis Press SP - 499 EP - 504 SN - 2352-5398 UR - https://doi.org/10.2991/essaeme-16.2016.106 DO - 10.2991/essaeme-16.2016.106 ID - Lei2016/08 ER -