1 option
Welfare and Customs Unions / Carsten Kowalczyk.
- Format:
- Book
- Author/Creator:
- Kowalczyk, Carsten.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3476.
- NBER working paper series no. w3476
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1990.
- Summary:
- This paper proposes that Viner's celebrated trade diversion and trade creation terminology for the customs union problem be abandoned. As the alternative is offered a welfare calculus based upon the terms-of-trade and volume-of-trade taxonomy from the theory of tariffs. The paper discusses, by application of this calculus, the two outstanding controversies in the theory of customs unions.
- Notes:
- Print version record
- October 1990.
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