IDEAS home Printed from https://ideas.repec.org/a/bla/jcmkts/v25y1987i4p315-335.html
   My bibliography  Save this article

Britain in Europe: a Survey of Quantitative Trade Studies

Author

Listed:
  • L. ALAN WINTERS

Abstract

This paper surveys four ex-post quantitative studies of the effect of United Kingdom accession to the European Economic Countries on trade in manufactures. It starts by discussing the principal predictions of economic theory, establishing a framework for measuring integration effects, and sketching the approaches used to study integration effects within the EEC. It then examines the four United Kingdom studies, showing the wide range of approaches and results. It concludes that British imports had risen on account of integration by around 8 billion pound sterling by 1979, almost all of which was trade creation. British exports of manufactures rose by 3 billion pound sterling, a 4.5 billion pound sterling increase to the EEC being offset by a loss of 1.5 billion pound sterling elsewhere. The paper concludes by considering estimates of the welfare effects of accession. The changes in the consumption and production of manufactures were probably beneficial overall, but it must be admitted that, to date, economists have not applied best practice techniques to this question.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • L. Alan Winters, 1987. "Britain in Europe: a Survey of Quantitative Trade Studies," Journal of Common Market Studies, Wiley Blackwell, vol. 25(4), pages 315-335, June.
    • Handle: RePEc:bla:jcmkts:v:25:y:1987:i:4:p:315-335
    DOI: 10.1111/j.1468-5965.1987.tb00297.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-5965.1987.tb00297.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1468-5965.1987.tb00297.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pain, Nigel & Young, Garry, 2004. "The macroeconomic impact of UK withdrawal from the EU," Economic Modelling, Elsevier, vol. 21(3), pages 387-408, May.
    2. Anne O. Krueger, 1999. "Are Preferential Trading Arrangements Trade-Liberalizing or Protectionist?," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 105-124, Fall.
    3. Souleymane COULIBALY, 2006. "Evaluating the Trade and Welfare Effects of Developing RTAs," Cahiers de Recherches Economiques du Département d'économie 06.03, Université de Lausanne, Faculté des HEC, Département d’économie.
    4. Crafts, Nicholas, 2016. "The Growth Effects of EU Membership for the UK: a Review of the Evidence," CAGE Online Working Paper Series 280, Competitive Advantage in the Global Economy (CAGE).
    5. Fernando Sanz, 2000. "A kalman filter-gravity equation approach to assess the trade impact of economic integration: The case of Spain, 1986–1992," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 136(1), pages 84-110, March.
    6. Jan Sørensen, 1994. "Market integration and imperfect competition in labor and product markets," Open Economies Review, Springer, vol. 5(1), pages 115-130, March.
    7. JACKSON Karen, 2010. "Trade Preferences in Manufactures. The Case of the Turkey–EU Customs Union," EcoMod2003 330700072, EcoMod.
    8. Nigel Grimwade & David G. Mayes & Jiao Wang, 2011. "Estimating the Effects of Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 13, Edward Elgar Publishing.
    9. 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.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:25:y:1987:i:4:p:315-335. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-9886 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.