Is Regionalism Simply a Diversion? : Evidence from the Evolution of the EC and EFTA /

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 EEC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of...

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Библиографические подробности
Главный автор: Bayoumi, Tamim
Другие авторы: Eichengreen, Barry
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1995.
Серии:IMF Working Papers; Working Paper ; No. 1995/109
Online-ссылка:Full text available on IMF
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520 3 |a 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 EEC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EEC in the 1960s. 
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700 1 |a Eichengreen, Barry. 
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