Regionalism versus multilateralism: analytical notes

Krugman, Paúl

doi:10.1017/cbo9780511628511.006

Cited by 236 publications

(148 citation statements)

References 0 publications

Supporting

Mentioning

130

Contrasting

Unclassified

Order By: Relevance

“…2 Anderson and Blackhurst (1993), Krugman (1993), Bhagwati (1993), Whalley (1996), Lawrence (1996), , Panagariya (1996), inter alia. 3 Grossman and Helpman (1995), Yi (1996), Ethier (1996, Bond and Syropoulos (1996), Yi (1996), Winters (1996, Levy (1997), Fernandez andPortes (1998), Krishna (1998), Freund (2000, Mclaren (2002), and Aghion, Antras and Helpman (2004).…”

Section: Literature: Empirical Analysis Of Fta Formationmentioning

confidence: 99%

“…As first exercise, we will use the same dataset used by M&R to analyse how the contagion indexes behave in it 18 . The main goal of M&R's work is to empirically test the hypothesis that developments in the multilateral trade system encourage the formation of FTA among GATT/WTO members, an idea supported by Krugman (1993) and Bhagwati (1993) among others. Particularly, they test that: (1) FTA are used as a way to gain bargaining power during multilateral trade rounds; (2) as the number of GATT/WTO members arise, the individual country power leverage within the system decrease inducing FTA; (3) countries involved in a GATT/WTO dispute will be more willing to sign FTA in order to enhance their leverage in the quarrel; and (4) a country losing a dispute will be more willing to form FTA that mitigate the negative impacts of the lost.…”

Section: Panel Specificationmentioning

confidence: 99%

See 1 more Smart Citation

Are Free Trade Agreements contagious?

Baldwin

Jaimovich

2012

Journal of International Economics

197

View full text Add to dashboard Cite

This paper presents empirical evidence on the extent to which FTAs are "contagious", using empirical techniques inspired by the study of contagion in exchange rate crises. Using different econometric techniques, it tests the null hypothesis that the signing of an FTA between one nation's trade partners has no affect on the probability of the nation signing a new FTA. The hypothesis is tested against other political, economical and geographical determinants of the FTA formation previously stated in the literature, finding evidence that the contagion phenomenon is present in different specifications and samples.

show abstract

Section: Literature: Empirical Analysis Of Fta Formationmentioning

confidence: 99%

Section: Panel Specificationmentioning

confidence: 99%

Are Free Trade Agreements contagious?

Baldwin

Jaimovich

2012

Journal of International Economics

197

View full text Add to dashboard Cite

show abstract

“…2 In this view, even when preferential trade agreements generate static welfare gains they reduce the incentives to seek further trade liberalization. The importance of this "dynamic path" question was clearly laid out by Bhagwati (1993) and Krugman (1993). The latter also showed that in some circumstances welfare reaches a minimum when the world consists of two or three customs unions.…”

Section: Introductionmentioning

confidence: 99%

Negotiating Free Trade

Aghion¹,

Antràs²,

Helpman³

2004

214

View full text Add to dashboard Cite

We develop a dynamic bargaining model in which a leading country endogenously decides whether to sequentially negotiate free trade agreements with subsets of countries or engage in simultaneous multilateral bargaining with all countries at once. We show how the structure of coalition externalities shapes the choice between sequential and multilateral bargaining, and we identify circumstances in which the grand coalition is the equilibrium outcome, leading to worldwide free trade. A model of international trade is then used to illustrate equilibrium outcomes and how they depend on the structure of trade and protection. Global free trade is not achieved when the political-economy motive for protection is sufficiently large. Furthermore, the model generates both "building bloc" and "stumbling bloc" effects of preferential trade agreements. In particular, we describe an equilibrium in which global free trade is attained only when preferential trade agreements are permitted to form (a building bloc effect), and an equilibrium in which global free trade is attained only when preferential trade agreements are forbidden (a stumbling bloc effect). The analysis identifies conditions under which each of these outcomes emerges.

show abstract

“…Zunächst könnte man versucht sein, in der Osterweiterung einen Schritt in Richtung jener "3-Blöcke-Welt" sehen, die Krugman (1991b) Krugman (1993), sowie vor allem Deardorff & Stern (1994). 4 Die Wesensmerkmale des "neuen Regionalismus" sind: a) Die Anbindung relativ kleiner Länder an bereits existierende, große Blöcke, b) die gleichzeitige (oder vorangegangene) Reform dieser Länder in Richtung des "ökonomischen Modells" der Blockländer, und c) eine über die bloße Beseitigung von formalen Handelsbarrieren hinausgehende Integration von Güter-und Faktormärkten.…”

Section: Bestärkt Die Osterweiterung Den "Neuen Regionalismus"?unclassified

Die Osterweiterung der EU aus der Sicht bestehender Mitgliedsländer: Was lehrt uns die Theorie der ökonomischen Integration?

Köhler

2000

Perspektiven Der Wirtschaftspolitik

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

show abstract

Regionalism versus multilateralism: analytical notes

Cited by 236 publications

References 0 publications

Are Free Trade Agreements contagious?

Are Free Trade Agreements contagious?

Negotiating Free Trade

Die Osterweiterung der EU aus der Sicht bestehender Mitgliedsländer: Was lehrt uns die Theorie der ökonomischen Integration?

Contact Info

Product

Resources

About