Showing 1 - 10 of 97
. Closer integration can bring converging industrial development to the union. A hub-and-spoke arrangement favours location in …
Persistent link: https://www.econbiz.de/10005123966
Countries on trade in manufactures. It starts by discussing the principal predictions of economic theory, establishing a … framework for measuring integration effects, and sketching the approaches used to study integration effects within the EEC. It … imports had risen on account of integration by around 8 billion pound sterling by 1979, almost all of which was trade creation …
Persistent link: https://www.econbiz.de/10005497789
This paper analyses the customs union problem in a model containing a continuum of products. The continuum is in three dimensions, so that three countries each have a distinct comparative advantage. Trade patterns are endogenously determined, and changed by policy. This is in the tradition of...
Persistent link: https://www.econbiz.de/10005791495
Regional integration is on the rise again, despite its apparent failure among developing countries in the past. The … integration presents certain advantages including enhanced bargaining power and market access. We then turn to institutional … aspects of regional integration, and point out that integration enforces arbitrage in institutions as well as in markets for …
Persistent link: https://www.econbiz.de/10005497701
regional integration arrangements (RIAs) on trade policy towards non-members in a three-good, three-country model. We explore …) with varying degrees of economic and political integration, we show how increasingly deep integration, both within an FTA …
Persistent link: https://www.econbiz.de/10005498086
This paper explores the links between international trade theory and the practice of trade and industrial policy in … unilateral, multilateral and customs union contexts. Finally, the paper suggests that the theory of strategic trade policy does …
Persistent link: https://www.econbiz.de/10005498116
Partial cooperation in setting trade policy may be worse than no cooperation for countries who form a customs union. The paper investigates three situations where this is likely to occur. First, if the countries forming the union comprise too small a percentage of the non-competitive sector of...
Persistent link: https://www.econbiz.de/10005281305
The Zollverein was arguably the most important free-trade agreement of the 19th century. This paper investigates the economic impact of the Zollverein on trade in Germany. Although 1834 is the official date of the Zollverein's establishment, member states in fact joined in a non-random sequence...
Persistent link: https://www.econbiz.de/10011083241
desirability of taxing imports more heavily than domestically produced goods is established. Customs union theory is analysed by …
Persistent link: https://www.econbiz.de/10005662246
A customs union is enlarged by the addition of one or more new countries. What should be the consequential change in its common external tariff (CET)? The paper attempts to make this question precise and to apply it to the enlargement of the EC. In many simple trade models the optimal CET is...
Persistent link: https://www.econbiz.de/10005666709