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The Effects of Economic Integration on Trade

Bibliographic Data

ID6281879
AuthorsDavid G Mayes (0000-0001-8306-3442, University of Exeter, corresponding author)
Year1978
Volume17
Issue1
Pages1-25
Publication date1978-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJCMS Journal of Common Market Studies (JOURNAL)
Journal identifiersISSN: 0021-9886 • E-ISSN: 1468-5965
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-5965.1978.tb00802.x
OpenAlexW2014099892
LanguageEN
Citations received16
References cited26

This article provides a critical analysis of the models and methods which have been used to estimate the effects of economic integration on trade and suggests the most fruitful lines of further development. Both the problem of the examination of the effects of past events and problems in the prediction of future changes are tackled. In particular the drawbacks of the method of estimation of the effects of previous integration as a residual from models which explain what would have happened had the integration not taken place are shown. It is concluded that the most fruitful avenue of approach lies in the estimation of models which provide an economic explanation of trade flows and their changes, and can hence be used for both the explanation of the effects of previous integration and the prediction of future events

Algorithm · Econometrics · Economic integration · Economics · Estimation · International trade · Residual · Computer Science · Economics of Agriculture and Food Markets · Global Trade and Competitiveness · Global trade and economics

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Unique citing works16
Citations per year0,35
Citation span1980 - 2021 (42)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 16

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