Enlargement of Preferential Trade Areas: Essays on Trade Displacement
Public Deposited- Last Modified
- March 22, 2019
- Creator
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Buehler, David Lawrence
- Affiliation: College of Arts and Sciences, Department of Economics
- Abstract
- Trade displacement effects caused by the enlargement of a preferential trade area are examined in theory and empirically. The Ricardian model of trade is expanded to four countries to show the trade and welfare effects on members and nonmembers caused by enlargement of a customs union. A simulation follows to help clarify the results. The enlargement of the European Union is examined through a dynamic shift-share analysis and the gravity model is employed to determine the significance of trade displacement. The analysis demonstrates that trade displacement is likely to have occurred with the enlargement of the EU, but the significance of this displacement is not strong.
- Date of publication
- December 2011
- Keyword
- DOI
- Resource type
- Rights statement
- In Copyright
- Advisor
- Field, Alfred J.
- Degree
- Doctor of Philosophy
- Graduation year
- 2011
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