The Welfare Implications of Trading Blocs among Countries with Different Endowments
In: The Regionalization of the World Economy
This paper presents a model in which trade is motivated both by preference for variety and comparative advantages. This framework is used to analyze the welfare implications of trading blocs among countries with different endowments with and without transportation costs. This paper was prepared for the NBER Conference on Regionalization of the World Economy, October 1995, Woodstock, Vermont.
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- Jon D. Haveman, 1996. "Some Welfare Effects of Sequential Customs Union Formation," Canadian Journal of Economics, Canadian Economics Association, vol. 29(4), pages 941-58, November.
- Bond, E.W. & Syropoulos, C., 1993.
"Optimality and Stability of Regional Trading Blocs,"
93-11, Department of Economics, University of Birmingham.
- Bond, E.W. & Syropoulos, C., 1993. "Optimality and Stability of Regional Trading Blocs," Papers 5-93-2, Pennsylvania State - Department of Economics.
- Spilimbergo, Antonio, 2000.
"Growth and Trade: The North Can Lose,"
Journal of Economic Growth,
Springer, vol. 5(2), pages 131-46, June.
- Ernesto Stein & Jeffrey Frankel, 1994. "The welfare implications of continental trading blocs in a model with transport costs," Pacific Basin Working Paper Series 94-03, Federal Reserve Bank of San Francisco.
- Levy, Philip I, 1997. "A Political-Economic Analysis of Free-Trade Agreements," American Economic Review, American Economic Association, vol. 87(4), pages 506-19, September.
- Stern, R.M. & Deardorff, A.V., 1992. "Multilateral Trade Negociations and Preferential Trading Arrangements," Working Papers 307, Research Seminar in International Economics, University of Michigan.
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