Estimating the Effects of Integration on the Terms of Trade

Ali M. El-Agraa
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Ali M. El-Agraa: Leeds University

Chapter 13 in The Theory and Measurement of International Economic Integration, 1989, pp 291-304 from Palgrave Macmillan

Abstract: Abstract Petith (1977), utilising an extended theoretical structure of Mundell’s (1964) framework, attempted an empirical evaluation of the terms of trade (t/t) effects of European economic integration. He concluded that the t/t gains seemed likely to have been one of the major effects of the creation of BENELUX, the EC and EFTA.

Keywords: Price Change; Demand Function; Economic Integration; Tariff Reduction; Marginal Propensity (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10203-7_13

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DOI: 10.1007/978-1-349-10203-7_13

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