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Regionalism And The Rest Of The World: The Irrelevance Of The Kemp-Wan Theorem

In: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis

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  • L. Alan Winters

Abstract

Many commentators purport to use the Kemp-Wan Theorem to discuss the effects of region integration schemes on non-member countries. and to operationalize the theorem in terms the share of member countries' imports coming from non-members. I show that Kemp at Wan say nothing about changes in non-member welfare and that the latter is more close related to non-members' imports than to their shares of members' markets. I suggest th a new approach to this issue is required.

Suggested Citation

  • L. Alan Winters, 2015. "Regionalism And The Rest Of The World: The Irrelevance Of The Kemp-Wan Theorem," World Scientific Book Chapters, in: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis, chapter 10, pages 191-197, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789814571272_0010
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    Cited by:

    1. Srinivasan, T. N., 1997. "The common external tariff of a customs union: Alternative approaches," Japan and the World Economy, Elsevier, vol. 9(4), pages 447-465, December.
    2. Bagwell,K. & Staiger,R.W., 1999. "Multilateral trade negotiations, bilateral opportunism and the rules of GATT," Working papers 6, Wisconsin Madison - Social Systems.
    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. Howard J. Wall, 2002. "Has Japan been left out in the cold by regional integration?," Review, Federal Reserve Bank of St. Louis, vol. 84(Sep), pages 25-36.
    5. Schiff, Maurice & Chang, Won, 2003. "Market presence, contestability, and the terms-of-trade effects of regional integration," Journal of International Economics, Elsevier, vol. 60(1), pages 161-175, May.
    6. Lucian Cernat, 2003. "Assessing South–South Regional Integration: Same Issues, Many Metrics," UNCTAD Blue Series Papers 21, United Nations Conference on Trade and Development.
    7. Céline CARRERE, 2011. "A new measure of tariff preference margins adjusted for import and domestic competition," Working Papers P19, FERDI.
    8. Lucian Cernat, 2001. "ASSESSING REGIONAL TRADE ARRANGEMENTS: ARE SOUTH–SOUTH RTAs MORE TRADE DIVERTING?," International Trade 0109001, University Library of Munich, Germany.
    9. Dunning John H. & Lundan Sarianna M. & Eckes Alfred E. & Bryant Sarah K. & Unger Michael L. & Shelburne Robert C. & Cernat Lucian, 2001. "Global Economy Quarterly, Issue 3," Global Economy Journal, De Gruyter, vol. 2(3), pages 1-109, December.
    10. Tomaselli, Nicolo, 2005. "Economic Partnership Agreements: Redesigning trade and development among EU and ACP Countries," DEIAgra Working Papers 14863, Alma Mater Studiorum - University of Bologna, Department of Agricultural Economics and Agricultural Engineering.
    11. Paul Missios & Halis Murat Yildiz, 2017. "Do SouthSouth preferential trade agreements undermine the prospects for multilateral free trade?," Canadian Journal of Economics, Canadian Economics Association, vol. 50(1), pages 111-161, February.
    12. Jaime MELO DE & Céline CARRERE & Olivier CADOT & Alberto PORTUGAL-PEREZ, 2005. "How Much Market Access in FTAs? Textiles Under NAFTA," Working Papers 200511, CERDI.
    13. Bagwell, Kyle & Staiger, Robert W., 2004. "Multilateral trade negotiations, bilateral opportunism and the rules of GATT/WTO," Journal of International Economics, Elsevier, vol. 63(1), pages 1-29, May.

    More about this item

    Keywords

    International Trade; Poverty; Regional Trading Arrangements (RTAs); Trade Barriers; Non-Tariff Barriers;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F10 - International Economics - - Trade - - - General
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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