Jump to ContentJump to Main Navigation
The Economics of Regional Trading Arrangements$
Users without a subscription are not able to see the full content.
The Economics of Regional Trading Arrangements

Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

The Mainstream from Viner to the JCM Proposition

Chapter:
(p. 176 ) 8 The Mainstream from Viner to the JCM Proposition
Source:
The Economics of Regional Trading Arrangements
Author(s):

Richard Pomfret (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199248877.003.0008

Deals with mainstream customs union theory, starting with the Vinerian concepts of trade creation and trade diversion (Sects. 1–3). Section 4 analyses differences between customs unions and free trade areas, and the phenomenon of trade deflection. Section 5 provides a general equilibrium framework, pioneered by Vanek and Kemp.

Keywords:   customs union, free trade area, general equilibrium, Murray C. Kemp, trade creation, trade deflection, trade diversion, Jaroslav Vanek, Jacob Viner

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .