TY - JOUR AU - Abrego,Lisandro AU - Riezman,Raymond AU - Whalley,John TI - How Often Are Propositions on the Effects of Customs Unions Theoretical Curiosa and When Should They Guide Policy? JF - National Bureau of Economic Research Working Paper Series VL - No. 8304 PY - 2001 Y2 - May 2001 UR - http://www.nber.org/papers/w8304 L1 - http://www.nber.org/papers/w8304.pdf N1 - Author contact info: Raymond G.. Riezman Department of Economics Henry B. Tippie College of Business W360 PBB University of Iowa Iowa City, IA 52242-1000 E-Mail: raymond-riezman@uiowa.edu John Whalley Department of Economics Social Science Centre University of Western Ontario London, ON N6A 5C2 CANADA Tel: 519/661-3509 Fax: 519/661-3666 E-Mail: jwhalley@uwo.ca AB - This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on Customs Unions (or other regional trade agreements) may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather than to restrict assumptions so they unambiguously hold. Our aim is to blend theory and numerical simulation and go beyond the ambiguous analytically derived propositions that dominate the theoretical literature so as to assess the likelihood of propositions holding for particular model specifications. ER -