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Measuring the Degree or Progress of Economic Integration (Main Paper, Working Group A)

In: Economic Integration: Worldwide, Regional, Sectoral

Author

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  • Jean Waelbroeck

Abstract

This paper presents leading ideas in post-war research on integration. In the spirit of Tinbergen (1952), the goal is understood to be the clarification of the connection between the instruments and objectives of economic policy. In the present context, the instruments are the tariff and nontariff barriers that hamper integration. Trade and capital flows are, in Tinbergen’s terminology, ‘irrelevant variables’, interesting only because of their impact on the objectives of policy makers. The latter are variables that affect welfare and its distribution to consumers.

Suggested Citation

  • Jean Waelbroeck, 1976. "Measuring the Degree or Progress of Economic Integration (Main Paper, Working Group A)," International Economic Association Series, in: Fritz Machlup (ed.), Economic Integration: Worldwide, Regional, Sectoral, chapter 4, pages 89-116, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-02571-8_5
    DOI: 10.1007/978-1-349-02571-8_5
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    Cited by:

    1. Helena Marques, 2008. "Trade And Factor Flows In A Diverse Eu: What Lessons For The Eastern Enlargement(S)?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(2), pages 364-408, April.

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