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Economic Integration: Systemic Measures in an Input-Output Framework

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Author Info
Dipti Prakas Pal
Erik Dietzenbacher
Dipika Basu

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Abstract

Countries are linked through trade and for their mutual benefits they often group together. Consequently, trade blocs are formed in some form or another, examples of which are the EU, EFTA, ASEAN, NAFTA, and SAARC. Depending upon the form and the nature of the grouping, trade relations among countries obviously vary across the trade blocs. The pattern and the volume of trade of the participating countries are different and thus cause different impacts on the growth and development of the countries concerned. Also, the nature of integration changes over time. To examine the strength of integration within trade blocs, systemic measures of integration hitherto not available are formulated in an input-output framework. The measures are used, as a case study, to assess the inter-temporal variations in the degree of integration of SAARC.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/09535310701698464&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Publisher Info
Article provided by Taylor and Francis Journals in its journal Economic Systems Research.

Volume (Year): 19 (2007)
Issue (Month): 4 ()
Pages: 397-408
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Handle: RePEc:taf:ecsysr:v:19:y:2007:i:4:p:397-408

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Related research
Keywords: Economic integration trade coefficient matrix input-output framework

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This page was last updated on 2008-8-4.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.