Seghezza, Seghezza , Elena - In: Economia Internazionale / International Economics 56 (2003) 4, pp. 479-498
The paper analyses the growth effects of a custom union. It starts by assuming an exogenous growth framework. In this context, it finds that joining a custom union leads to a higher level of capital stock and, in the transition period, to higher growth, if originally trade barriers were high....