Deepening of regional integration and multilateral trade agreements

被引:48
|
作者
Bond, EW
Syropoulos, C
Winters, LA
机构
[1] Florida Int Univ, Dept Econ, Miami, FL 33199 USA
[2] Penn State Univ, Dept Econ, University Pk, PA 16802 USA
[3] Univ Sussex, Sch Social Sci, Brighton BN7 1UJ, E Sussex, England
关键词
regional integration; sustainable tariff agreements; Kemp-Wan tariff adjustments; Europe '1992';
D O I
10.1016/S0022-1996(00)00064-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
We construct a three-country, two-bloc, multi-product trade model in which tariff agreements between customs union members are binding whereas inter-bloc tariff agreements are self-enforcing. Our main objective is to explore how the liberalization of trade between customs union members (i.e. the deepening of regional integration) affects the sustainability of tariff agreements with the rest of the world (ROW). We derive conditions under which Kemp-Wan [Kemp, M.C. and ii. Wan, Jr., 1976, An elementary proposition concerning the formation of customs unions, Journal of International Economics 6, 95-97] adjustments in the external tariffs of union members result in self-enforcing tariff agreements with ROW and then use these adjustments to evaluate the general tariff-setting incentives of the two trading blocs. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:335 / 361
页数:27
相关论文
共 50 条