Faktormobilität in der Zollunion / Factor Mobility in a Customs Union: Eine graphische Analyse / A Graphical Analysis

Letzner Volker
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Letzner Volker: Diplom-Volkswirt Volker Letzner, Institut für Allgemeine und Außenwirtschaftstheorie, FB03, Universität Mainz, D-55099 Mainz

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1997, vol. 216, issue 3, 335-346

Abstract: This paper investigates the welfare effects of the implementation of factor mobility in a Customs Union which means the foundation of a Common Market. Trade in goods as well as in factors induce positive and negative trade-creation and trade-diversion effects which are graphically identified as reallocation, capital-diversion and volume-of-trade effects. It is not possible to rule out the probability of a negative welfare impact of the Common Market.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:216:y:1997:i:3:p:335-346

DOI: 10.1515/jbnst-1997-0304

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