search query: @indexterm european community / total: 356
reference: 135 / 356
Author: | Markheim, D. |
Title: | A note on predicting the trade effects of economic integration and other preferential trade agreements: an assessment |
Journal: | Journal of Common Market Studies
1994 : MAR, VOL. 32:1, p. 103-110 |
Index terms: | TRADE AGREEMENTS FORECASTING EUROPEAN COMMUNITY ECONOMIC INTEGRATION |
Language: | eng |
Abstract: | The objective of this study is to determine the efficacy of ex ante estimates. A comparison is made between the predicted change in trade flows due to an assortment of trade policy modifications (economic integration, tariff reduction programmes for developing countries,etc.) with ex post estimates of the integration effects on trade flows. The major finding of this study is that ex ante estimates of trade policy changes uniformly underestimate their impact on trade flows. |
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