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How Often Are Propositions on the Effects of Customs Unions Theoretical Curiosa and When Should They Guide Policy? / Lisandro Abrego, Raymond Riezman, John Whalley.
- Format:
- Book
- Author/Creator:
- Abrego, Lisandro.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w8304.
- NBER working paper series no. w8304
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2001.
- Summary:
- This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on Customs Unions (or other regional trade agreements) may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather than to restrict assumptions so they unambiguously hold. Our aim is to blend theory and numerical simulation and go beyond the ambiguous analytically derived propositions that dominate the theoretical literature so as to assess the likelihood of propositions holding for particular model specifications.
- Notes:
- Print version record
- May 2001.
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