Chapter

Extending the Model

Richard Pomfret

in The Economics of Regional Trading Arrangements

Published in print November 2001 | ISBN: 9780199248872
Published online November 2003 | e-ISBN: 9780191596797 | DOI: http://dx.doi.org/10.1093/0199248877.003.0009
 Extending the Model

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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

Chapter.  5395 words.  Illustrated.

Subjects: International Economics

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