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Regional trading blocs in the world economic system

저자: Jeffrey A Frankel; Ernesto Stein; Shang-Jin Wei
출판사: Washington, DC : Institute for International Economics, 1997.
판/형식:   인쇄본 : 영어모든 판과 형식 보기
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추가적인 물리적 형식: Online version:
Frankel, Jeffrey A.
Regional trading blocs in the world economic system.
Washington, DC : Institute for International Economics, 1997
(OCoLC)647059836
자료 유형: 인터넷 자료
문서 유형 도서, 인터넷 자원
모든 저자 / 참여자: Jeffrey A Frankel; Ernesto Stein; Shang-Jin Wei
ISBN: 0881322024 9780881322026
OCLC 번호: 34046872
설명: xv, 364 pages : illustrations ; 23 cm
내용: 1. Introduction to regional trading arrangements: MFN and Article XXIV --
The recent move to regionalism --
Key terms --
2. Simple measures of regional concentration in trade: Intraregional trade shares and what is wrong with them --
Concentration or intensity ratios --
The proximity school versus the discriminatory policies school --
3. Importance of geographical proximity in trade: Why geography should be part of trade theory --
Three kinds of costs to doing business at a distance --
Indirect evidence on the importance of distance --
4. The gravity model of bilateral trade: The technique of OLS regression --
The gravity equation --
Our results for the basic gravity variables --
Linguistic links --
The panel approach-pooling time series and cross-section --
5. Estimated effects of trading blocs: Trading blocs in Europe --
Trading blocs in the Western Hemisphere --
Trading blocs in East Asia and the Pacific --
Trading blocs among other less developed countries --
Are regional trading arrangements trade-diverting? --
6. Extensions of the empirical analysis: The importance of political factors in trade --
The importance of history --
The effect of cumulative foreign direct investment --
Rich and poor countries --
The role of currency links --
Bilateral exports and imports: the roles of relative prices and relative distance --
Econometric extensions --
7. A model of trade in imperfect substitutes with intercontinental transport costs: The question of a rational for Article XXIV --
The Krugman versus Krugman debate --
The theory of trade with imperfect substitutes and transportation costs --
8. Natural and supernatural trading blocs: The welfare implications of Free Trade areas --
Allowing for preferential trade arrangements on each continent --
How sensitive are the results to the assumption of trade based solely on variety? --
Welfare effects of regional blocs that do not coincide with continents --
The asymmetric formation of individual blocs, the terms of trade effect, and the symmetric noncooperative world equilibrium --
9. Has regionalization entered the supernatural zone?: An estimate of physical shipping costs --
An estimate of intercontinental costs inferred from intraregional trade shares --
The preferred estimate of intercontinental costs from the gravity model --
An estimate of existing preferences from the gravity model --
Conclusion on the welfare effects of partial regionalization --
10. A political economy survey of regionalism's effect on global liberalization: Stumbling blocks or building blocks? --
Stumbling blocs: negative implications of regionalism for multilateral liberalization --
Building blocs: positive implications of regionalism for multilateral liberalization --
Which effects appear to dominate in the trade data?
책임: Jeffrey A. Frankel, with Ernesto Stein and Shang-Jin Wei.

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