Subsidios a la producción y efectos derivados de la formación de una unión aduanera

  • José Méndez
  • Luciano Méndez

Abstract

Using a three-country reciprocal dumping model, this paper analyses the effects
of tariff unions on welfare taking the possibility of production subsidies into
account. Production subsidies are found to prevent the deviation of trade. Results
are also obtained suggesting that although universal free trade is the most
efficient situation it is not an equilibrium situation, and that regional
liberalization will therefore not lead to universal free trade.
Keywords Economic Integration, Market structure and firms strategies, Regionalism and multilateralism
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How to Cite
Méndez, J., & Méndez, L. (2016). Subsidios a la producción y efectos derivados de la formación de una unión aduanera. Estudios de Economía, 28(2), pp. 249-265. Retrieved from https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40811/43560
Section
Articles
Published
2016-05-05