Asymmetric Economic Integration

Size Characteristics of Economies, Trade Costs and Welfare
Buch | Hardcover
XX, 208 Seiten
2012 | 2012
Physica (Verlag)
978-3-7908-2860-3 (ISBN)
106,99 inkl. MwSt
This book investigates whether the effects of economic integration differ according to the size of countries. The analysis incorporates a classification of the size of countries, reflecting the key economic characteristics of economies in order to provide an appropriate benchmark for each size group in the empirical analysis of the effects of asymmetric economic integration. The formation or extension of Preferential Trade Areas (PTAs) leads to a reduction in trade costs. This poses a critical secondary question as to the extent to which trade costs differ according to the size of countries. The extent to which membership of PTAs has an asymmetric impact on trade flow according to the size of member countries is analyzed by employing econometric tools and general equilibrium analysis, estimating both the ex-post and ex-ante effects of economic integration on the size of countries, using a data set of 218 countries, 45 of which are European. ?

Dr. Snorri Th. Snorrason received his PhD in Economics from Lancaster University, UK, earned his MBA in Organizations, Markets, Finance and Marketing from the University of Rochester, NY and got his BSc in Economics from the University of Iceland. His main research interests lie in the fields of international trade, microeconomics, regional economics, econometrics, general equilibrium and welfare analysis.

Preface.- 1 Introduction.- 2 The Theory of Trade Agreements and Economic Integration, Size of Economics, Trade Costs and Economic Welfare.- 3 An Empirical Analysis of the Size Characteristics of Economies.- 4 An Empirical Analysis of the Impact of Trade Costs on Trade Flows and Welfare: Country Size and PTA Implications.- 5 A Cross-Section Analysis of Size Classification and the Effects of Preferential Trade Agreements.- 6 A Panel data Analysis of Size Classification and the Effects of Preferential Trade Agreements.- 7 Summary and Conclusions.- 8 Appendices.- References.- Subject Index.

Erscheint lt. Verlag 8.7.2012
Reihe/Serie Contributions to Economics
Zusatzinfo XX, 208 p.
Verlagsort Heidelberg
Sprache englisch
Maße 155 x 235 mm
Gewicht 465 g
Themenwelt Wirtschaft Betriebswirtschaft / Management
Wirtschaft Volkswirtschaftslehre Makroökonomie
Wirtschaft Volkswirtschaftslehre Ökonometrie
Schlagworte Economic Integration • International Trade • Size of Countries • Trade Costs • welfare
ISBN-10 3-7908-2860-2 / 3790828602
ISBN-13 978-3-7908-2860-3 / 9783790828603
Zustand Neuware
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