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Is regionalism simply a diversion? : evidence from the evolution of the EC and EFTA

Author: Tamim A Bayoumi; Barry J Eichengreen; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, ©1995.
Series: Working paper series (National Bureau of Economic Research), working paper no. 5283.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EC in the 1960s.
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tamim A Bayoumi; Barry J Eichengreen; National Bureau of Economic Research.
OCLC Number: 51685565
Notes: "October 1995."
Description: 1 online resource (31, [9] pages).
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 5283.
Responsibility: Tamim Bayoumi, Barry Eichengreen.

Abstract:

Abstract: This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EC in the 1960s.

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