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Regional trading blocs in the world economic system

著者: Jeffrey A Frankel; Ernesto Stein; Shang-Jin Wei
出版商: Washington, DC : Institute for International Economics, 1997.
版本/格式:   Print book : 英语查看所有的版本和格式
数据库:WorldCat
提要:

Explores whether the world economy is breaking up into regional trading and currency blocs centred on the European Community, Japan and the United States. Frankel uses trade, investment and financial  再读一些...

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附加的形体格式: Online version:
Frankel, Jeffrey A.
Regional trading blocs in the world economic system.
Washington, DC : Institute for International Economics, 1997
(OCoLC)647059836
材料类型: 互联网资源
文件类型: 书, 互联网资源
所有的著者/提供者: Jeffrey A Frankel; Ernesto Stein; Shang-Jin Wei
ISBN: 0881322024 9780881322026
OCLC号码: 34046872
描述: xv, 364 pages : illustrations ; 23 cm
内容: 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?
责任: Jeffrey A. Frankel, with Ernesto Stein and Shang-Jin Wei.

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