Deepening of regional integration and multilateral trade agreements

• 成果类型: Article
• 署名作者: Bond, EW; Syropoulos, C; Winters, LA
• 署名单位: State University System of Florida; Florida International University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Sussex
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(00)00064-7
• 发表日期: 2001
• 页码: 335-361
• 关键词: regional integration; sustainable tariff agreements; Kemp-Wan tariff adjustments; Europe '1992'

摘要

We construct a three-country, two-bloc, multi-product trade model in which tariff agreements between customs union members are binding whereas inter-bloc tariff agreements are self-enforcing. Our main objective is to explore how the liberalization of trade between customs union members (i.e. the deepening of regional integration) affects the sustainability of tariff agreements with the rest of the world (ROW). We derive conditions under which Kemp-Wan [Kemp, M.C. and ii. Wan, Jr., 1976, An elementary proposition concerning the formation of customs unions, Journal of International Economics 6, 95-97] adjustments in the external tariffs of union members result in self-enforcing tariff agreements with ROW and then use these adjustments to evaluate the general tariff-setting incentives of the two trading blocs. (C) 2001 Elsevier Science B.V. All rights reserved.