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A Second Elementary Proposition Concerning: The Formation of Customs Unions

Author

Listed:
  • Murray C. Kemp

    (University of New South Wales, Australia)

  • Koji Shimomura

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

The conclusions of the 1976 Kemp-Wan proposition are shown to be substantially valid even if all tariff vectors, both pre-union and post-union, are optimally chosen.

Suggested Citation

  • Murray C. Kemp & Koji Shimomura, 1998. "A Second Elementary Proposition Concerning: The Formation of Customs Unions," Discussion Paper Series 95, Research Institute for Economics & Business Administration, Kobe University, revised May 1998.
  • Handle: RePEc:kob:dpaper:95
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    Cited by:

    1. Raimondos-Moller, Pascalis & Woodland, Alan D., 2006. "Non-preferential trading clubs," Journal of International Economics, Elsevier, vol. 68(1), pages 79-91, January.
    2. Hideo Konishi & Carsten Kowalczyk & Tomas Sjöström, 2009. "Global Free Trade is in the Core of a Customs Union Game," Review of International Economics, Wiley Blackwell, vol. 17(SI), pages 304-309, May.
    3. Kemp, Murray C., 2007. "Normative comparisons of customs unions and other types of free trade association," European Journal of Political Economy, Elsevier, vol. 23(2), pages 416-422, June.

    More about this item

    Keywords

    Customs; Tariffs; Trade;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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