| Registro completo |
| Provedor de dados: |
AgEcon
|
| 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>Volume 10, Issue 2, June 2009
|
| Formato: |
10
|
