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Estimating the Effects of Integration on the Terms of Trade

In: The Theory and Measurement of International Economic Integration

Author

Listed:
  • Ali M. El-Agraa

    (Leeds University
    Fukuoka University)

Abstract

Petith (1977), utilising an extended theoretical structure of Mundell’s (1964) framework, attempted an empirical evaluation of the terms of trade (t/t) effects of European economic integration. He concluded that the t/t gains seemed likely to have been one of the major effects of the creation of BENELUX, the EC and EFTA.

Suggested Citation

  • Ali M. El-Agraa, 1989. "Estimating the Effects of Integration on the Terms of Trade," Palgrave Macmillan Books, in: The Theory and Measurement of International Economic Integration, chapter 13, pages 291-304, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10203-7_13
    DOI: 10.1007/978-1-349-10203-7_13
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