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The Economics of Regional Trading Arrangements$
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Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

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Extending the Model

Extending the Model

(p.192) 9 Extending the Model
The Economics of Regional Trading Arrangements

Richard Pomfret (Contributor Webpage)

Oxford University Press

Surveys extensions to the mainstream models that were introduced in the 1950s, 1960s, and 1970s: higher dimensionality (Sect. 1), tariffs in the rest of the world (Sect. 2), the terms of trade (Sect. 3), economies of scale (Sect. 4), and technical efficiency and growth (Sect. 5).

Keywords:   customs union, economies of scale, efficiency, growth, higher dimensionality, tariffs, terms of trade

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