IDEAS home Printed from https://ideas.repec.org/a/bla/jcmkts/v17y1978i1p1-25.html
   My bibliography  Save this article

The Effects Of Economic Integration On Trade

Author

Listed:
  • David G. Mayes

Abstract

This article provides a critical analysis of the models and methods which have been used to estimate the effects of economic integration on trade and suggests the most fruitful lines of further development. Both the problem of the examination of the effects of past events and problems in the prediction of future changes are tackled. In particular the drawbacks of the method of estimation of the effects of previous integration as a residual from models which explain what would have happened had the integration not taken place are shown. It is concluded that the most fruitful avenue of approach lies in the estimation of models which provide an economic explanation of trade flows and their changes, and can hence be used for both the explanation of the effects of previous integration and the prediction of future events.

Suggested Citation

  • David G. Mayes, 1978. "The Effects Of Economic Integration On Trade," Journal of Common Market Studies, Wiley Blackwell, vol. 17(1), pages 1-25, September.
    • Handle: RePEc:bla:jcmkts:v:17:y:1978:i:1:p:1-25
    DOI: 10.1111/j.1468-5965.1978.tb00802.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-5965.1978.tb00802.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1468-5965.1978.tb00802.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kreinin, Mordechai E, 1972. "Effects of the EEC on Imports of Manufactures," Economic Journal, Royal Economic Society, vol. 82(327), pages 897-920, September.
    2. Resnick, Stephen A & Truman, Edwin M, 1974. "The Distribution of West European Trade under Alternative Tariff Policies," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 83-91, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ehrlich, Laura, 2002. "The EU Single Market and Customs Policy: Impact on Estonian Foreign Trade," Discussion Papers 797, The Research Institute of the Finnish Economy.
    2. Nigel Grimwade & David G. Mayes & Jiao Wang, 2011. "Estimating the Effects of Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 13, Edward Elgar Publishing.
    3. Štefan Bojnec & Imre Fertő, 2015. "Agri-Food Export Competitiveness in European Union Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 53(3), pages 476-492, May.
    4. Helena Marques, 2008. "Trade And Factor Flows In A Diverse Eu: What Lessons For The Eastern Enlargement(S)?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(2), pages 364-408, April.
    5. Randolph Luca Bruno & Nauro Ferreira Campos & Saul Estrin, 2021. "The Effect on Foreign Direct Investment of Membership in the European Union," Journal of Common Market Studies, Wiley Blackwell, vol. 59(4), pages 802-821, July.
    6. Dean A. DeRosa & John P. Gilbert, 2005. "Predicting Trade Expansion under FTAs and Multilateral Agreements," Working Paper Series WP05-13, Peterson Institute for International Economics.
    7. Urmas Varblane & Kristina Toming & Rena Selliov, 2002. "The Impact Of Eu-Accession On The Estonian Trade With Food Products – Partial Equilibrium Approach," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 11, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    8. Paul De Boer & Carlos. Martinez, 1999. "Spanish Imports of Manufactures and the European Union: An Empirical Assessment of the Entry," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(2), pages 141-149, June.
    9. Fernando Sanz, 2000. "A kalman filter-gravity equation approach to assess the trade impact of economic integration: The case of Spain, 1986–1992," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 136(1), pages 84-110, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Helena Marques, 2008. "Trade And Factor Flows In A Diverse Eu: What Lessons For The Eastern Enlargement(S)?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(2), pages 364-408, April.
    2. Susana HERRERO OLARTE & Alejandra VILLA & Santiago SANDOVAL, 2018. "Are Trade Agreement Groups Working In South America?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(2), pages 87-100.
    3. Dulude, Louise, 1978. "L’effort consacré à la recherche et au développement : un facteur explicatif de la structure et de l’évolution des exportations de pays industrialisés," L'Actualité Economique, Société Canadienne de Science Economique, vol. 54(1), pages 21-45, janvier-m.
    4. Alexander Granberg & Victor Suslov & Larisa Melnikova, 1998. "Equilibrium, kernel, integration in the multiregional system under liberalization of external trade," ERSA conference papers ersa98p127, European Regional Science Association.
    5. Schmieding, Holger, 1988. "The dynamics of trade diversion: Observations on West Germany's integration into the Little European Common Market 1958-1972," Kiel Working Papers 334, Kiel Institute for the World Economy (IfW Kiel).
    6. Rajesh Bhattacharya & Ian J. Seda-Irizarry, 2015. "Re-centering Class in Critical Theory," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(4), pages 669-678, December.
    7. Granberg Alexander & Kolomak Evgeniya & Suslov Victor, 1998. "Russian 'Macro-Regions': Economic Integration and Interaction with the World Economy," EERC Working Paper Series 96-132e, EERC Research Network, Russia and CIS.
    8. Harald Badinger & Fritz Breuss, 2011. "The Quantitative Effects of European Post-war Economic Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 14, Edward Elgar Publishing.
    9. Marcos Sanso & Antonio Montanes, 2002. "Cointegration, error correction mechanism and trade liberalization: the case of the Spanish imports of manufactures," Applied Economics, Taylor & Francis Journals, vol. 34(2), pages 231-240.
    10. Angresano, James, 2004. "European Union integration lessons for ASEAN + 3: the importance of contextual specificity," Journal of Asian Economics, Elsevier, vol. 14(6), pages 909-926, January.
    11. Michael Plummer, 1991. "Ex-post empirical estimates of the second enlargement: The case of Greece," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 171-182, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:17:y:1978:i:1:p:1-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-9886 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.