Regional Integration and Natural Resources: who benefits? Evidence from MENA

Celine Carrere, Julien Gourdon and Marcelo Olarreaga

International Economics, 2012, issue 131, 23-41

Abstract: This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes inMiddle East and North Africa. Results suggest that within Pan Arab Free Trade Agreement (PAFTA), there is significant trade creation for resource poor countries associated with regional integration, and no evidence of trade diversion. In resource rich countries, however, there is evidence of pure trade diversion in both resource-rich/labor-abundant countries and resource-rich/labor-importing countries. This underscores the idea that regional integration can help to spread benefits of unevenly distributed resource wealth among the region’s economies.

Keywords: Regionalism; MENA; PAFTA (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2110701713600530 (text/html)

Related works:
Working Paper: Regional Integration and Natural Resources: who benefits? Evidence from MENA (2013)
Working Paper: Regional Integration and Natural Resources: who benefits? Evidence from MENA (2013)
Working Paper: Regional Integration and Natural Resources: who benefits? Evidence from MENA (2012)
Working Paper: Regional integration and natural resources: Who benefits? Evidence from MENA (2012)
Working Paper: Regional integration and natural resources: who benefits ? evidence from MENA (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cii:cepiie:2012-q3-131-2

Access Statistics for this article

More articles in International Economics from CEPII research center Contact information at EDIRC.
Bibliographic data for series maintained by ().