REGIONALISM AND THE REST OF THE WORLD: THE IRRELEVANCE OF THE KEMP-WAN THEOREM

L. Winters

Chapter 10 in Non-Tariff Barriers, Regionalism and Poverty:Essays in Applied International Trade Analysis, 2015, pp 191-197 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Many commentators purport to use the Kemp-Wan Theorem to discuss the effects of region integration schemes on non-member countries. and to operationalize the theorem in terms the share of member countries' imports coming from non-members. I show that Kemp at Wan say nothing about changes in non-member welfare and that the latter is more close related to non-members' imports than to their shares of members' markets. I suggest th a new approach to this issue is required.

Keywords: International Trade; Poverty; Regional Trading Arrangements (RTAs); Trade Barriers; Non-Tariff Barriers (search for similar items in EconPapers)
Date: 2015
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Related works:
Journal Article: Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem (1997)
Working Paper: Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem (1996)
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