Economic Analysis of Regional Trading Arrangements (International Library of Critical Writings in Economics)

Economic Analysis of Regional Trading Arrangements (International Library of Critical Writings in Economics)

by Richard Pomfret
     
 

This volume comprises 29 papers, reprinted in facsimile, from the last half century. They examine Viverian customs union theory, its variations and alternatives, regionalism, political economy and time inconsistency, and optimization. Attention is given to the terms of trade, scale economies, technical efficiency, and questions of the optimal number of blocs, the… See more details below

Overview

This volume comprises 29 papers, reprinted in facsimile, from the last half century. They examine Viverian customs union theory, its variations and alternatives, regionalism, political economy and time inconsistency, and optimization. Attention is given to the terms of trade, scale economies, technical efficiency, and questions of the optimal number of blocs, the optimal size of nations, home bias, and regionalization and sub-regional zones. Only names appear in the index. Annotation ©2003 Book News, Inc., Portland, OR

Product Details

ISBN-13:
9781843761280
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/28/2003
Series:
International Library of Critical Writings in Economics
Pages:
608
Product dimensions:
6.88(w) x 9.50(h) x (d)

Table of Contents

Acknowledgements
Introduction
Pt. IVinerian Customs Union Theory
1The Economics of Customs Unions3
2The Theory of Customs Unions: A General Survey46
3The Economic Theory of Customs Union64
4A New Look at Customs Union Theory77
Pt. IIOutside the Mainstream
5An Elementary Proposition Concerning the Formation of Customs Unions85
6Preferential Trading Theory: The n Commodity Case88
7Is Unilateral Tariff Reduction Preferable to a Customs Union? The Curious Case of the Missing Foreign Tariffs105
Pt. IIIExtensions
8Tariff Preferences and the Terms of Trade121
9General Versus Preferential Tariff Reduction for LDC Exports: An Analysis of the Welfare Effects134
10The Theory of Preferential Trading Arrangements147
11Economies of Scale and Customs Union Theory175
12Measurable Dynamic Gains from Trade189
Pt. IVThe New Regionalism
13Trade Liberalization and Industrial Organization: Some Estimates for Canada205
14Completing the Internal Market in the European Community: Some Industry Simulations236
15Free Trade Agreements as Protectionist Devices: Rules of Origin261
16Regionalism vs. Multilateralism273
17Preferential Trade Liberalization: The Traditional Theory and New Developments316
Pt. VPolitical Economy and Time Inconsistency
18Regionalism in a Multilateral World363
19A Political-Economic Analysis of Free-Trade Agreements395
20Multilateral Tariff Cooperation During the Formation of Customs Unions409
Pt. VIThe Optimal Number of Blocs and Optimal Size of Nations
21Is Bilateralism Bad?447
22Regionalism and the World Trading System462
23Economic Integration and Political Disintegration471
24How Far Will International Economic Integration Go?492
25National Borders Matter: Canada-U.S. Regional Trade Patterns505
26Do National Borders Matter for Quebec's Trade?514
27How Wide is the Border?530
28Regionalisation versus Regionalism - Problems of Change in the World Economy574
29Sub-regional Economic Zones555
Name Index571

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