Endogenous trading bloc formation in a North-South global economy

Majority of the trading blocs to date are between similar countries, rather than between developed and developing countries. This paper provides a rationale for why trading blocs among similar countries may arise as an equilibrium phenomenon. It develops a model of an asymmetric world economy, in which there are at least four countries. The countries are differentiated with respect to their market size and market structure.

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Year of publication:	2003-08
Authors:	Das, Satya P. ; Ghosh, Subhadip
Institutions:	Indian Statistical Institute

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Extent:	application/pdf
Series:	Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	30 pages
Classification:	F02 - International Economic Order; Economic Integration and Globalization: General ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004979321