Taxes and Resource Prices: A North-South Game

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2193 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2193 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2193 archive 351 disk0/00/00/21/88 2016-01-15 01:52:56 2021-08-27 17:11:17 2016-01-15 01:52:56 monograph show 2 Chichilnisky G. AL0564 Taxes and Resource Prices: A North-South Game pub iis_ecn iis_mod prog_sds The purpose of this note is to construct and analyze a model of North-South trade in resources, which could then be used as the basis of an experimental game for the formulation of resource pricing policies. The South trades oil for industrial goods with the North. Each region has one policy parameter: the North, a tax on oil, and the South, the price of oil. Each region has two economic objectives: the North, higher output and higher real wages, and the South, higher revenues from exports and higher output levels. The policy instruments are used to define strategies: the payoffs of these strategies are given by the general equilibrium solutions of the model. 1983-12 published WP-83-124 WP-83-124 1810 public working_paper IIASA, Laxenburg, Austria 19 FALSE info:eu-repo/semantics/book