Bilateralism, multilateralism, and the quest for global free trade (2009)
Saggi, Kamal, Yildiz, Halis Murat
We develop an equilibrium theory of trade agreements in which both the degree and the nature (bilateral or multilateral) of trade liberalization are endogenously determined. To determine whether and...
Bilateral trade agreements and the feasibility of multilateral free trade (2008)
Saggi, Kamal, Yildiz, Halis Murat
This paper compares stable Nash equilibria of two games of trade liberalization. In the FTA game, each country can form an FTA with either one of its trade partners, or both of them, or none of them....
Welfare effects of preferential trade agreements under optimal tariffs (2005)
Saggi, Kamal, Yildiz, Halis Murat
In a three country model with endogenous tariffs, this paper evaluates and contrasts the welfare effects of free trade agreements (FTAs) and customs unions (CUs) — the two most commonly occurring...
Essays on the linkages between industry structure and trade liberalization / (2003)
Thesis (Ph. D. in Economics)--Southern Methodist University.
An analysis of the MFN clause under asymmetries of cost and market structure
Kamal Saggi, Halis Murat Yildiz
We conduct a welfare comparison of MFN and tariff discrimination in an oligopoly model of trade between two exporting countries and one importing country. While MFN dominates tariff discrimination...
On the International Linkages between Trade and Merger Policies *
Kamal Saggi, Halis Murat Yildiz
In a three-country model, this paper investigates linkages between merger incentives of exporting firms and the trade policy of an importing country. When exporting firms come from only one country,...
National Versus International Mergers and Trade Liberalization
This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the effects of trade liberalization on the nature of merger incentives (national vs....
Trade Liberalization, Nature of Mergers and Employment
Joao Ricardo Faria, Halis Murat Yildiz
This paper develops a simple two-country model in which each economy consists of two sectors: a competitive non-tradable sector and an oligopolistic tradable sector. We investigate two related issues...
International Productivity Differences and the Roles of Domestic Investment, FDI and Trade
Gouranga Das, Hiranya Nath, Halis Murat Yildiz
This paper calculates Theil's entropy index to measure the extent of productivity differences across 92 countries for the period from 1970 to 2003. While there is evidence of increasing differences...
Bilateral trade agreements and the feasibility of multilateral free trade
Saggi, Kamal, Yildiz, Halis Murat
This paper compares stable Nash equilibria of two games of trade liberalization. In the FTA game, each country can form an FTA with either one of its trade partners, or both of them, or none of them....
Bilateralism, multilateralism, and the quest for global free trade
Saggi, Kamal, Yildiz, Halis Murat
We develop an equilibrium theory of trade agreements in which both the degree and the nature (bilateral or multilateral) of trade liberalization are endogenously determined. To determine whether and...
Welfare effects of preferential trade agreements under optimal tariffs
Saggi, Kamal, Yildiz, Halis Murat
In a three country model with endogenous tariffs, this paper evaluates and contrasts the welfare effects of free trade agreements (FTAs) and customs unions (CUs) — the two most commonly occurring...