IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v35y2002i1p1-18.html
   My bibliography  Save this article

Impact of Trade Liberalisation on a Multi-region Economy within an Inter-regional Game Theoretic Framework

Author

Listed:
  • Liew, Leong H
  • Siriwardana, Mahinda

Abstract

The aim of this paper is to analyse the general equilibrium effects of tariff changes in a multi-regional model that has inter-government strategic interactions, where central and regional governments react to policies of one another by implementing counter strategies to maximise their own welfare. The motivation for this paper arises from observing inter-provincial and provincial-central government competitive money creation behaviour in China and in the former Soviet Union. By engaging in competitive money creation, governments are able to cushion the impact of tariff changes on national and regional absorption. However, it is also shown that as the marginal rate of substitution of absorption for inflation increases, the impacts of tariff changes with and without competitive money creation tend to converge. Copyright 2002 by Kluwer Academic Publishers

Suggested Citation

  • Liew, Leong H & Siriwardana, Mahinda, 2002. "Impact of Trade Liberalisation on a Multi-region Economy within an Inter-regional Game Theoretic Framework," Economic Change and Restructuring, Springer, vol. 35(1), pages 1-18.
    • Handle: RePEc:kap:ecopln:v:35:y:2002:i:1:p:1-18
    as

    Download full text from publisher

    File URL: http://journals.kluweronline.com/issn/0013-0451/contents
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amitrajeet A. Batabyal & Hamid Beladi, 2014. "Innovation Driven Economic Growth in Multiple Regions and Taxation," International Regional Science Review, , vol. 37(4), pages 459-472, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ecopln:v:35:y:2002:i:1:p:1-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.