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Is Regionalism Simply a Diversion? Evidence From the Evolution of the EC and EFTA

Tamim Bayoumi and Barry Eichengreen

No 5283, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EC in the 1960s.

JEL-codes: F0 F1 (search for similar items in EconPapers)
Date: 1995-10
Note: ITI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (78)

Published as Regionalism Versus Multilateral Trade Arrangements, Ito, Takatoshi and Anne Kruger, eds., Chicago: University of Chicago Press, 1998.
Published as Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA , Tamim Bayoumi, Barry Eichengreen. in Regionalism versus Multilateral Trade Arrangements , Ito and Krueger. 1997
Published as Tamim Bayoumi & Barry J. Eichengreen, 1995. "Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA," IMF Working Papers, vol 95(109).

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Chapter: Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA (1997) Downloads
Working Paper: Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA (1995) Downloads
Working Paper: Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA (1995) Downloads
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