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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Autor principal: Bayoumi, Tamim
Altres autors: Eichengreen, Barry
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1995.
Col·lecció:IMF Working Papers; Working Paper ; No. 1995/109
Accés en línia:Full text available on IMF