<?xml version="1.0" encoding="UTF-8"?><xml><records><record><source-app name="Biblio" version="6.x">Drupal-Biblio</source-app><ref-type>13</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Kyle Bagwell, Robert W. Staiger</style></author></authors></contributors><titles><title><style face="normal" font="default" size="100%">Delocation and Trade Agreements in Imperfectly Competitive Markets (with Robert Staiger)</style></title></titles><dates><year><style  face="normal" font="default" size="100%">2009</style></year><pub-dates><date><style  face="normal" font="default" size="100%">06/2009</style></date></pub-dates></dates><urls><related-urls><url><style face="normal" font="default" size="100%">http://econ-dev.stanford.edu//files/workp/swp08001.pdf</style></url></related-urls></urls><number><style face="normal" font="default" size="100%"></style></number><section><style face="normal" font="default" size="100%"></style></section><edition><style face="normal" font="default" size="100%"></style></edition><publisher><style face="normal" font="default" size="100%"></style></publisher><orig-pub><style face="normal" font="default" size="100%"></style></orig-pub><reprint-edition><style face="normal" font="default" size="100%"></style></reprint-edition><pub-location><style face="normal" font="default" size="100%"></style></pub-location><volume><style face="normal" font="default" size="100%"></style></volume><num-vols><style face="normal" font="default" size="100%"></style></num-vols><pages><style face="normal" font="default" size="100%"></style></pages><isbn><style face="normal" font="default" size="100%"></style></isbn><language><style face="normal" font="default" size="100%"></style></language><abstract><style face="normal" font="default" size="100%">&lt;p&gt;
We consider the purpose and design of trade agreements in imperfectly competitive environments featuring firm-delocation effects. In both the segmented-market Cournot and the &lt;br /&gt;
integrated-market monopolistic competition settings where these effects have been identified,&lt;br /&gt;
we show that the only rationale for a trade agreement is to remedy the inefficiency attributable&lt;br /&gt;
to the terms-of-trade externality, the same rationale that arises in perfectly competitive markets. &lt;br /&gt;
Furthermore, and again as in the perfectly competitive benchmark case, we show that the &lt;br /&gt;
principle of reciprocity is efficiency enhancing, as it serves to &amp;quot;undo&amp;quot; the terms-of-trade driven &lt;br /&gt;
inefficiency that occurs when governments pursue unilateral trade policies. Our results therefore&lt;br /&gt;
 indicate that the terms-of-trade theory of trade agreements applies to a broader set of market &lt;br /&gt;
structures than previously thought. 
&lt;/p&gt;
</style></abstract><issue><style face="normal" font="default" size="100%"></style></issue><work-type><style face="normal" font="default" size="100%"></style></work-type><accession-num><style face="normal" font="default" size="100%"></style></accession-num><call-num><style face="normal" font="default" size="100%"></style></call-num><notes><style face="normal" font="default" size="100%"></style></notes><research-notes><style face="normal" font="default" size="100%"></style></research-notes><custom1><style face="normal" font="default" size="100%">08-001 
</style></custom1><custom2><style face="normal" font="default" size="100%"></style></custom2><custom3><style face="normal" font="default" size="100%"></style></custom3><custom4><style face="normal" font="default" size="100%"></style></custom4><custom5><style face="normal" font="default" size="100%"></style></custom5><custom6><style face="normal" font="default" size="100%"></style></custom6><custom7><style face="normal" font="default" size="100%"></style></custom7><auth-address><style face="normal" font="default" size="100%"></style></auth-address><remote-database-name><style face="normal" font="default" size="100%"></style></remote-database-name><remote-database-provider><style face="normal" font="default" size="100%"></style></remote-database-provider><label><style face="normal" font="default" size="100%"></style></label><access-date><style face="normal" font="default" size="100%"></style></access-date></record></records></xml>