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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9387 |
DP9387 The Trade Impact of the Zollverein | |
Wolfgang Keller; Carol Shiue | |
发表日期 | 2013-03-17 |
出版年 | 2013 |
语种 | 英语 |
摘要 | The Zollverein was arguably the most important free-trade agreement of the 19th century. This paper investigates the economic impact of the Zollverein on trade in Germany. Although 1834 is the official date of the Zollverein's establishment, member states in fact joined in a non-random sequence over several decades. This was because the benefits of becoming a member increased, both as the size of the union increased, and as membership in the union became increasingly important for accessing foreign markets. Our key innovation in this paper is to incorporate the endogenous effects of accession into an estimate of the economic impact of the Zollverein customs union. We find these effects are important--our estimated effects are several times larger than the simpler estimates that do not take these effects into account. The paper discusses the implications of this for Germany's economic history as well as for other studies of trade liberalization. |
主题 | Economic History ; International Trade and Regional Economics |
关键词 | Customs union market integration Price convergence |
URL | https://cepr.org/publications/dp9387 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538223 |
推荐引用方式 GB/T 7714 | Wolfgang Keller,Carol Shiue. DP9387 The Trade Impact of the Zollverein. 2013. |
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