Bagwell, Kyle (contributor); Staiger, Robert W. (contributor) - 2002 - [Elektronische Ressource]
price,
home and foreign budget constraints imply that trade is balanced:
p
w
M
x
(p(τ,p
w
),p
w
)=E
y
(p(τ,p
w
),p
w
), and … (1982) and
Hillman (1982), can all be represented in this way. Finally, the lobbying models
of Grossman and Helpman (1994 … decisions that in turn alter the environment and thereby the welfare of a trading
partner. See also Flam and Helpman (1987) and …