haku: @journal_id 109 / yhteensä: 867
viite: 274 / 867
| Tekijä: | Syropoulos, C. |
| Otsikko: | Customs unions and comparative advantage |
| Lehti: | Oxford Economic Papers
1999 : APR, VOL. 51:2, p. 239-266 |
| Asiasana: | CUSTOMS UNIONS COMPARATIVE ADVANTAGE ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | This paper constructs a simple, general equilibrium trade model to investigate how the formation of unconstrained, GATT-constrained, and Kemp-Wan customs unions affects inter-bloc tariffs and welfare. A central point of this paper is that liberalization of intra-union trade creates incentives for all parties to reduce their remaining tariffs. despite this, regional integration may not benefit non-member countries and, depending on trade patterns and comparative advantage, it may raise welfare of members more than a regime of globally free trade. |
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