Bringing GATT into the Core
This paper calculates international income transfers which implement a Pareto optimal trade equilibrium in a world where many countries trade many goods.
|Date of creation:||Apr 1993|
|Date of revision:|
|Publication status:||published as Economica, Vol. 61, no. 243, pp. 301-317, (August 1994).|
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- Carsten Kowalczyk, 1990. "Welfare and Customs Unions," NBER Working Papers 3476, National Bureau of Economic Research, Inc.
- Kemp, Murray C. & Wan, Henry Jr., 1976. "An elementary proposition concerning the formation of customs unions," Journal of International Economics, Elsevier, vol. 6(1), pages 95-97, February.
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