Data/hora: 10/06/2024 06:42:46

Provedor de dados: | 31
País: | United States
Título: | Enlargement of the European Union: A movement towards the optimal trade bloc size?
Autores: | Glebe,   Thilo W.
Data: | 2010-02-18
Ano: | 2009
Palavras-chave: | Trade bloc; Trade liberalisation; Game theory; European Union; International Relations/Trade; D42; F11; Q17; Q18.
Resumo: | This paper analyses how the enlargement of a trade bloc will affect national welfare.  We establish a partial equilibrium model of a trade bloc either operating as a monopoly  with a competitive fringe or facing a duopolistic game in production taxes/subsidies.  Given this framework, we demonstrate how member countries’ welfare effects depend  on their trade flow and the market power of the trade bloc. A numerical estimation of  the effects of EU enlargement on the major grain crop markets suggests that welfare  effects are negligible. Economic reasons are therefore unlikely to be a motivating force  for further enlargement.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/58061
Relação: | Agricultural Economics Review&gt;Volume 10, Issue 2, June 2009
Formato: | 10