Regional integration and import prices: an empirical investigation

• 成果类型: Article; Proceedings Paper
• 署名作者: Winters, LA; Chang, W
• 署名单位: University of Sussex; Centre for Economic Policy Research - UK; Columbia University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(99)00010-0
• 发表日期: 2000
• 页码: 363-377
• 关键词: regional integration; Terms of trade; imperfect competition; spain; EU

摘要

This paper argues that the effect of regional trading preferences on members of blocs and on excluded countries should be investigated by looking at their effects on the prices at which trade occurs. It offers, we believe, the first ex post empirical exercise of this kind, exploring the effect of Spanish accession to the EC on the prices of imports from major OECD suppliers. Using a simple theoretical model and detailed data on trade in finished manufactures, the results suggest that accession reduced the prices of non-partner exports to Spain relative to those of partner (EC) exports. (C) 2000 Elsevier Science BN. All rights reserved.