Journal article
Implications of preferential trade arrangements for policy and market access
The Canadian journal of economics, v 29(2), pp S401-S405
01 Apr 1996
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
The ability of outside countries to access markets of regionally integrated areas (RIAs) is an important practical problem and a key issue in the literature on economic integration. One concern of policy intellectuals is that the dismantling of internal trade controls may cause harmful trade inversion. Another concern is that the formation of trading blocs, the deepening of integration in existing RIAs, or increases in their size may raise incentives to adopt more restrictive policies on trade with the rest of the world. Recent theoretical work in perfectly competitive settings provides support for these points. Since a large portion of trade between advanced economies is of the intra-industry kind which often takes place in imperfectly competitive markets, the question arises as to whether these findings generalize. A 2nd question is whether the form of integration considered matters. These issues are addressed with the help of the oligopoly model considered in Syropoulos (1994).
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Details
- Title
- Implications of preferential trade arrangements for policy and market access
- Creators
- Constantinos Syropoulos
- Publication Details
- The Canadian journal of economics, v 29(2), pp S401-S405
- Publisher
- Blackwell Publishing Ltd
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:A1996UU04400010
- Scopus ID
- 2-s2.0-20544441538
- Other Identifier
- 991021807014504721
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- Web of Science research areas
- Economics