The Welfare Implications of Trading Blocs among Countries with Different Endowments
Published Date
Copyright 1998
ISBN 0226259951
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Copy CitationAntonio Spilimbergo and Ernesto Stein, The Regionalization of the World Economy (University of Chicago Press, 1998), chap. 5, https://www.nber.org/books-and-chapters/regionalization-world-economy/welfare-implications-trading-blocs-among-countries-different-endowments.
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Working Paper
In this paper, we present a model where trade is motivated both by preference for variety and comparative advantages...