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| Author: | Ethier, W. |
| Title: | Regionalism in a multilateral world |
| Journal: | Journal of Political Economy
1998 : DEC, VOL. 106:6, p. 1214-1245 |
| Index terms: | POLITICAL ECONOMY MULTILATERAL TRADE TRADE |
| Language: | eng |
| Abstract: | Recent regional initiatives have been addressed from a Vinerian perspective of trade creation and trade diversion. This is true of both policy-oriented economists, who tend to be critical of the initiatives, and theorists, who have added dynamic and game-theoretic elements to the Vinerian structure. This paper describes the stylised facts of much recent regional integration and develops an alternative model. |
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