Show simple item record

dc.contributor.authorGNUTZMANN, Hinnerk
dc.contributor.authorGNUTZMANN-MKRTCHYAN, Arevik
dc.date.accessioned2016-02-09T12:52:01Z
dc.date.available2016-02-09T12:52:01Z
dc.date.issued2015
dc.identifier.issn1725-6704
dc.identifier.urihttp://hdl.handle.net/1814/38924
dc.descriptionAn earlier version of this paper is part of Arevik Gnutzmann-Mkrtchyan's thesis "Essays on the economics of trade agreements", 2014, http://hdl.handle.net/1814/34561.
dc.description.abstractWhile "mega FTAs" and WTO-driven efforts at multilateral liberalisation dominate the agenda, customs unions (CU) are the silent success story of regional integration. Throughout the world, CUs have been superseding earlier FTAs, as new unions were formed or old ones expanded. Due to problems of measurement, this fact appears to have gone largely unnoticed so far. We show that the proliferation of CUs is driven by national social welfare considerations: even allowing for lobbying, CUs lead to higher social welfare than any other bilateral trade agreement. Thus, even the most ambitious mega FTAs eventually turn into "mega CUs".en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2016/02en
dc.relation.isbasedonhttp://hdl.handle.net/1814/34561
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectCustoms unionsen
dc.subjectPolitical viabilityen
dc.subjectMember welfareen
dc.subjectF12en
dc.subjectF13en
dc.subjectF14en
dc.titleThe silent success of customs unionsen
dc.typeWorking Paperen


Files associated with this item

Icon

This item appears in the following Collection(s)

Show simple item record