Economic integration lowers one form of trade costs, tariffs and stimulates changes in other trade costs. This paper offers a model in which integration may raise or lower the important trade cost associated with insecurity. The model can help to explain the varied experience with integration and it points to the usefulness of combining enforcement-policy integration with trade-policy integration. Copyright 2008 The Author.
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Article provided by Blackwell Publishing in its journal World Economy.
Volume (Year): 31 (2008) Issue (Month): 1 (01) Pages: 141-157 Download reference. The following formats are available: HTML,
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James E. Anderson & Eric van Wincoop, 2004.
"Trade Costs,"
NBER Working Papers
10480, National Bureau of Economic Research, Inc.
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James E. Anderson & Eric van Wincoop, 2004.
"Trade Costs,"
Journal of Economic Literature,
American Economic Association, vol. 42(3), pages 691-751, September.
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