G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14121
DP14121 A Theory of Economic Unions
Jaume Ventura; Giacomo Ponzetto; Gino Gancia
发表日期2019-11-15
出版年2019
语种英语
摘要After decades of successful growth, economic unions have recently become the focus of heightened political controversy. We argue that this is partly due to the growth of trade between countries that are increasingly dissimilar. We develop a theoretical framework to study the effects on trade, income distribution and welfare of economic unions that differ in size and scope. Our model shows that political support for international unions can grow with their breadth and depth as long as member countries are sufficiently similar. However, differences in economic size and factor endowments can trigger disagreement over the value of unions between and within countries. The model is consistent with some salient features of the process of European integration and statistical evidence from survey data.
主题International Macroeconomics and Finance ; International Trade and Regional Economics ; Public Economics
关键词Economic unions Non-tariff barriers European integration
URLhttps://cepr.org/publications/dp14121
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/543010
推荐引用方式
GB/T 7714
Jaume Ventura,Giacomo Ponzetto,Gino Gancia. DP14121 A Theory of Economic Unions. 2019.
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