Nash equilibrium tariffs and illegal immigration

an analysis of preferential trade liberalization

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Nash equilibrium tariffs and illegal immigrat ...
Subhayu Bandyopadhyay
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December 19, 2020 | History

Nash equilibrium tariffs and illegal immigration

an analysis of preferential trade liberalization

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"We use a version of the small-union Meade model to consider the effects of interdependent import tariffs in the presence illegal immigration. First, we analyze the condition under which illegal immigration is likely to increase (or decrease) in response to reciprocal trade liberalization between the source and host nations (of illegal immigration). Next we describe the Nash equilibrium in tariffs between these nations and discus how a liberalization of tariffs starting from this Nash equilibrium is likely to affect their utility. Finally, we consider the effect of the host nation's liberalization of the import tariff (imposed on its imports from a third nation). We show that strategic considerations regarding the effect of this tariff liberalization on the Nash equilibrium tariffs can modify the traditional (trade creating/diverting) gains from such liberalization"--Federal Reserve Bank of St. Louis web site.

Publish Date
Language
English

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Edition Notes

Title from PDF file as viewed on 7/23/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Published in
St. Louis, Mo.]
Series
Working paper -- 2007-021A, Working paper (Federal Reserve Bank of St. Louis : Online) -- 2007-021A.

Classifications

Library of Congress
HB1

The Physical Object

Format
[electronic resource] :

ID Numbers

Open Library
OL31800229M
LCCN
2007615504

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December 19, 2020 Created by MARC Bot Imported from Library of Congress MARC record