How often are propositions on the effects of regional trade agreements theoretical curiosa?

This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on regional trade agreements may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather than to...

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Bibliographic Details
Published inJournal of international economics Vol. 68; no. 1; pp. 59 - 78
Main Authors Abrego, Lisandro, Riezman, Raymond, Whalley, John
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 2006
Elsevier
Elsevier Sequoia S.A
SeriesJournal of International Economics
Subjects
Customs union
Discourse
Economic models
Economic theory
Effects
Evaluation
International economics
Model testing
Regional trade agreement
Simulation
Studies
Tariff equilibrium
Trade agreements
Trade models
Trade theory
Trade unions
F13
F15
Regional trade agreement
F10
Customs union
Tariff equilibrium
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Summary:This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on regional trade agreements may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather than to restrict assumptions so they unambiguously hold. Our aim is to blend theory and numerical simulation and go beyond the ambiguous analytically derived propositions that dominate the theoretical literature so as to assess the likelihood of propositions holding for particular model specifications.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0022-1996
1873-0353
DOI:10.1016/j.jinteco.2005.03.003