Gains and losses from regional trading agreements: A survey

Economic Record

Volumn 80, Issue 251, 2004, Pages 445-467

  Lloyd, Peter J ^a   MacLaren, Donald ^a  

^a UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

FREE TRADE; REGIONAL TRADE; TRADE AGREEMENT; TRADE LIBERALIZATION; TRADE RELATIONS;

AUSTRALASIA; AUSTRALIA; EASTERN HEMISPHERE; NORTH AMERICA; UNITED STATES; WESTERN HEMISPHERE; WORLD;

EID: 11244271463     PISSN: 00130249     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1475-4932.2004.00202.x     Document Type: Article

References (60)

1. ACIL Consulting (2003), A Bridge Too Far? An Australian Agricultural Perspective on the Australial/United States Free Trade Area Idea. A report for the Rural Industries Research and Development Corporation. ACIL Consulting, Canberra.
2. Adams, R., Dee, P., Gali, J. and McGuire, G. (2003), The Trade and Investment Effects of Preferential Trading Arrangements 3/4 Old and New Evidence. Productivity Commission Staff Working Paper. Commonwealth of Australia, Canberra.
3. Anson, J., Cadot, O., de Melo, J., Estevadeoral, A., Suwa-Eisenmann, A. and Tumurchudur, B. (2003), Rules of Origin in North-South Preferential Trading Arrangements with an Application to NAFTA, Discussion Paper no. 4166. Centre for Economic Policy Research, London.
4. Baldwin, R.E. and Venables (1995), Regional Economic Integration. In: Grossman, G.M. and Rogoff, K. (eds). Handbook of International Economics, Vol. III. North-Holland, Amsterdam.
5. Banks, G. (2003), Gaining from Trade Liberalisation: Some Reflections on Australia's Experience. Paper presented at the IIBE&L/CEDA Conference, New Horizons in Trade: The WTO Round and Australia's Free Trade Negotiations, 5 June 2003, Adelaide.
6. Bhagwati, J.P., Krishna and Panagariya, A. (1999), Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Agreements. MIT Press, Cambridge, MA.
7. Brockmeier, M. (2001), A Graphical Exposition of the GTAP Model, GTAP Technical Paper no. 8. Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, West Lafayette.
8. Brown, D.K., Deardorff, A.V. and Stern, R.M. (1992), A North American Free Trade Agreement: Analytical Issues and Computational Assessment. World Economy 15, 11-29.
9. Brown, D.K., Deardorff, A.V. and Stern, R.M. (2003), Multilateral, Regional and Bilateral Trade: Policy Options for the United States and Japan. World Economy 26, 803-28.
10. Centre for International Economics (2001), Economic Impacts of an Australia-United States Free Trade Area, Report prepared for the Department of Foreign Affairs. Centre for International Economics, Canberra.
11. Centre for International Economics (2003), Australia-United States Free Trade Agreement: Comments on the ACIL Report. CIE, Canberra.
12. Centre for International Economics (2004), Economic Analysis of AUSFTA: Impact of the Bilateral Free Trade Agreement with the United States, Prepared For the Department of Foreign Affairs. Centre for International Economics, Canberra.
13. Deardorff, A. and Stern, R. (1994), Multilateral Trade Negotiations and Preferential Trading Arrangements. In: Deardorff, A. and Stern, R. (eds). Analytical and Negotiating Issues in the Global Trading System University of Michigan Press, Ann Arbor.
14. Dee, P. (2004a), The Australia-US Free Trade Agreement: An Assessment. Paper prepared for the Senate Select Committee on the Free Trade Agreement between Australia and the United States of America, June 2004. Australian National University, Canberra.
15. Dee, P. (2004b), AUSFTA 3-4: A Response to Comments by the Department of Foreign Affairs and Trade, Supplementary Note Prepared for the Senate Select Committee on the Free Trade Agreement between Australia and the United States of America, 30 June 2004. Australian National University, Canberra.
16. Dee, P. (2004c), AUSFTA 3-4: A Response to Committee Hearings of 6 July and DFAT's Subsequent Written Response, Supplementary note prepared for the Senate Select Committee on the Free Trade Agreement between Australia and the United States of America, 14 July 2004. Australian National University, Canberra.
17. Dimaranan, B.V. and McDougall, R.A. (eds). (2002), Global Trade, Assistance, and Production: The GTAP 5 Data Base. Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, West Lafayette.
18. Estevadeordal, A. (2002), Traditional Market Access Issues in RTAs: An Unfinished Agenda in the Americas? Presented at a WTO Seminar on Regionalism and the WTO, 26 April 2002, Geneva (available on-line http://www.wto.org/english/tratop_e/region_e/sem.april02_e/ sem_april02_prog_e.htm)
19. Gehrels, F. (1956-57), Customs Unions from a Single-Country Viewpoint. Review of Economic Studies 49, 696-712.
20. Grinols, E. (1981), An Extension of the Kemp-Wan Theorem on the Formation of Customs Unions. Journal of International Economics 11, 259-66.
21. Haaland, J. and Norman (1992), Global Production Effects of European Integration. In: Winters, L.A. (ed.). Trade Flows and Trade Policy After '1992'. Cambridge University Press, Cambridge.
22. Hertel, T.W., Walmsley, T. and Itakura, K. (2001), Dynamic Effects of the 'New Age' Free Trade Agreement Between Japan and Singapore, GTAP Working Paper No 15. Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, West Lafayette.
23. Hertel, T., Hummels, D., Ivanic, M. and Keeney, R. (2003), How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements? GTAP Working Paper no. 26. Center for Global Trade Analysis, Purdue University, West Lafayette.
24. Johnson, H.G. (1960), The Economic Theory of Customs Unions. Pakistan Economic Review 10, 14-30.
25. Kemp, M.C. and Wan, H.Y. (1976), An Elementary Proposition Concerning the Formation of Customs Unions. Journal of International Economics 6, 95-8.
26. Krugman, P. (1991), Is Bilateralism Bad? In: Helpman, E. and Razin, A. (eds). International Trade and Trade Policy. MIT Press, Cambridge, MA.
27. Krugman, P. (1993), Regionalism versus Multilateralism: Analytical Notes. In: de Melo, J. and Panagariya, A. (eds). New Dimensions in Regional Integration. Cambridge University Press, Cambridge.
28. Lipsey, R.G. (1957), The Theory of Customs Unions: Trade Diversion and Welfare. Economica 24, 40-6.
29. Lipsey, R.G. and Lancaster, K. (1956-57), The General Theory of the Second Best. Review of Economic Studies 24, 11-32.
30. Lloyd, P.J. (2002), New Bilateralism in the Asia-Pacific. World Economy 25, 1279-96.
31. Lloyd, P.J. and MacLaren, D. (2002), Measures of trade openness using CGE analysis. Journal of Policy Modeling 24, 67-81.
32. Lloyd, P.J. and Schweinberger, A.G. (1988), Trade Expenditure Functions and the Gains from Trade. Journal of International Economics 24 275-97.
33. Meade, J.E. (1955), The Theory of Customs Unions. North Holland, Amsterdam.
34. Michaely, M. (1965), On Customs Unions and the Gains from Trade. Economic Journal 75, 577-83.
35. Mundell, R. (1964), Tariff Preferences and the Terms of Trade. Manchester School 32, 1-13.
36. Ohyama, M. (1972), Trade and Welfare in General Equilibrium. Keio Economic Studies 9, 37-73.
37. Ohyama, M. (2002), The Economic Significance of the GATT/WTO Rules. In: Woodland, A. (ed). Economic Theory and International Trade: Essays in Honour of Murray C. Kemp. Edward Elgar, Cheltenham.
38. Organization for Economic Cooperation and Development (1995), Regional Integration and the Multilateral Trading System: Synergy and Divergence. OECD, Paris.
39. Panagariya, A. (1997), The Meade Model of Preferential Trading: History, Analytics and Policy Implications'. In: Chen, B. (ed.). International Trade and Finance: New Frontiers for Research, Essays in Honor of Peter B. Kenen. Cambridge University Press, New York.
40. Panagariya, A. (1999a), Preferential Trading and Welfare: The Small-Union Case Revisited, Mimeo. Department of Economics, University of Maryland, College Park.
41. Panagariya, A. (1999b), The Regionalism Debate: An Overview. World Economy 22, 477-511.
42. Panagariya, A. (2000), Preferential Trade Liberalization: The Traditional Theory and New Developments, Journal of Economic Literature XXXVIII, 287-331.
43. Panagariya, A. and Krishna, P. (2002), On Necessarily Welfare-Enhancing Free Trade Areas. Journal of International Economics 57, 353-67.
44. Parliament of Australia (2004), Select Committee on the Free Trade Agreement Between Australia and the United States of America: Summary of Inquiry, Canberra, August 2004 (available on-line http://www.aph.gov.au/Senate/committee/freetrade_ctte/report/summary/ index.htm
45. Pomfret, R. (1997), The Economics of Regional Trading Arrangements Clarendon Press, Oxford.
46. Productivity Commission (2004), Rules of Origin Under the Australia-New Zealand Closer Economic Relations Trade Agreement, Research Report, Canberra, May 2004.
47. Riezman, R. (1979), A 3 × 3 Model of Customs Unions. Journal of International Economics 9, 341-54.
48. Sampson, G. and Woolcock, S. (2003), Regionalism, Multilateralism and Economic Integration. United Nations University Press, Tokyo.
49. Schiff, M. and Winters, A. (2003), Regional Integration and Development. Oxford University Press, Washington, D.C.
50. Scollay, R. and Gilbert, J.P. (2001), New Regional Trading Arrangements in the Asia Pacific? Institute for International Economics, Washington, D.C.
51. Srinivasan, T. (1997), The Common External Tariff of a Customs Union: Alternative Approaches. Japan and the World Economy 9, 447-65.
52. Viner, J. (1950), The Customs Union Issue. Carnegie Endowment, New York.
53. Wonnacott, R.J. (1996), Trade and Investment in a Huband-spoke System versus a Free Trade Area. World Economy 19, 237-52.
54. World Bank (2000), Trade Blocs. Oxford University Press, Washington, D.C.
55. World Trade Organization (1995a), The Results of the Uruguay Round of Multilateral Trade Negotiations: The Legal Texts. WTO, Geneva.
56. World Trade Organization (1995b), Regional Trading Arrangements and the World Trading System. WTO, Geneva.
57. World Trade Organization (2001a), International Trade Statistics 2001 WTO, Geneva.
58. World Trade Organization (2001b), Ministerial Declaration, WT/MIN(01)/DEC/1, 20 November, Geneva.
59. World Trade Organization (2003), World Trade Report 2003. WTO, Geneva.
60. World Trade Organization (2004), Doha Work Programme: Draft. General Council Decision of 31 July 2004, WT/GC/W/535. WTO, Geneva.