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Trading blocs : alternative approaches to analyzing preferential trade agreements / edited by Jagdish Bhagwati, Pravin Krishna, and Arvind Panagariya.
Bhagwati, Jagdish N., 1934-; Krishna, Pravin.; Panagariya, Arvind.
1999
HF1418.7 .T73 1999 (Map It)
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Title
Trading blocs : alternative approaches to analyzing preferential trade agreements / edited by Jagdish Bhagwati, Pravin Krishna, and Arvind Panagariya.
Published
Cambridge, Mass. : MIT Press, [1999]
Copyright
©1999
Call Number
HF1418.7 .T73 1999
ISBN
0262024500 (alk. paper)
Description
xxv, 583 pages : illustrations ; 24 cm
System Control No.
(OCoLC)39627465
Bibliography, etc. Note
Includes bibliographical references and index.
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Added Author
Bhagwati, Jagdish N., 1934-
Krishna, Pravin.
Panagariya, Arvind.
List of Contributors
Preface
Introduction
I
Overview
1
1 Regionalism and Multilateralism: An Overview / Jagdish Bhagwati
3
2 Preferential Trading Areas and Multilateralism - Strangers, Friends, or Foes? / Jagdish Bhagwati Arvind Panagariya
33
II
"Static" Analysis: Issues Relating to Single PTAs
101
Trade Creation and Trade Diversion
103
3 The Customs Union Issue / Jacob Viner
105
4 The Theory of Customs Unions: Trade Diversion and Welfare / Richard G. Lipsey
119
5 The Economic Theory of Customs Union / Harry G. Johnson
127
6 Tariff Preferences and the Terms of Trade / Robert Mundell
145
7 The Meade Model of Preferential Trading: History, Analytics, and Policy Implications / Arvind Panagariya
157
8 Economics of Scale and Customs Union Theory / W. Max Corden
189
Making a Necessarily Welfare-Improving Customs Union
201
9 An Elementary Proposition Concerning the Formation of Customs Unions / Murray C. Kemp Henry Y. Wan, Jr.
203
10 The Comparison of Second-Best Equilibria: The Case of Customs Unions / Murray C. Kemp Henry Y. Wan, Jr.
207
11 An Extension of the Kemp-Wan Theorem on the Formation of Customs Unions / Earl L. Grinols
215
12 The Common External Tariff of a Customs Union: Alternative Approaches / T. N. Srinivasan
225
Welfare-Improving Customs Unions among Developing Countries Seeking Industrialization
247
13 Toward a General Theory of Customs Unions for Developing Countries / C. A. Cooper B. F. Massell
249
14 Necessarily Welfare-Enhancing Customs Unions with Industrialization Constraints: The Cooper-Massell-Johnson-Bhagwati Conjecture / Pravin Krishna Jagdish Bhagwati
271
Impact on Members of Policy and Parametric Variations in a Common Market
279
15 Foreign Ownership and the Theory of Trade and Welfare / Richard A. Brecher Jagdish N. Bhagwati
281
Political-Economy-Theoretic Analysis of the Formation of PTAs and Their External Tariffs
297
16 The Politics of Free-Trade Agreements / Gene M. Grossman Elhanan Helpman
299
17 A Political-Economy Analysis of Free-Trade Areas and Customs Unions / Arvind Panagariya Ronald Findlay
335
18 Why a Free Trade Area? The Tariff Also Rises / Martin Richardson
357
III
"Dynamic" Time-Path Analysis: Issues of Sequential Expansion
377
Exogenously Determined PTA Expansion
379
19 Regionalism versus Multilateralism: Analytical Notes / Paul Krugman
381
20 Multilateral Trade Negotiations and Preferential Trading Arrangements / Alan Deardorff Robert Stern
405
Endogenously Determined PTA Expansion
427
21 A Political-Economic Analysis of Free-Trade Agreements / Philip I. Levy
429
22 Regionalism and Multilateralism: A Political Economy Approach / Pravin Krishna
453
23 A Domino Theory of Regionalism / Richard E. Baldwin
479
IV
Theoretical Analyses: Modeling Institutional Features
503
24 Will Preferential Agreements Undermine the Multilateral Trading System? / Kyle Bagwell Robert W. Staiger
505
25 Regionalism and the (Dis)advantage of Dispute-Settlement Access / Philip I. Levy T. N. Srinivasan
531
26 Implementing Free Trade Areas: Rules of Origin and Hidden Protection / Kala Krishna Anne O. Krueger
541
V
Policy Papers
559
27 Regionalism and the World Trading System / Lawrence H. Summers
561
28 Beyond NAFTA: Clinton's Trading Choices / Jagdish Bhagwati
567
Index
575

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