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

Bayoumi, Tamim

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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Year of publication:	1995
Authors:	Bayoumi, Tamim A.
Other Persons:	Eichengreen, Barry (contributor) ; Bayoumi, Tamim A. (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Regionale Wirtschaftsintegration \| Regional economic integration \| EU-Staaten \| EU countries \| EFTA-Staaten \| EFTA countries \| Wirtschaftsintegration \| Economic integration \| Handelspräferenzen \| Trade preferences \| Gravitationsmodell \| Gravity model

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Bayoumi, Tamim. Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA. - Washington, D.C. : International Monetary Fund, 1995

Persistent link: https://www.econbiz.de/10014397839