The cost of Non-Europe, revisited:
In this paper we quantify the "Cost of Non-Europe", i.e. the trade-related welfare gains each country member has reaped from the European Union. Thirty years after the terminology of Non-Europe was used to give estimates of the gains from further integration, we use modern versions of the...
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| Main Authors: | , , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
CEPII
April 2018
|
| Series: | Working paper
no 2018-06 |
| Online Access: | Volltext |
| Summary: | In this paper we quantify the "Cost of Non-Europe", i.e. the trade-related welfare gains each country member has reaped from the European Union. Thirty years after the terminology of Non-Europe was used to give estimates of the gains from further integration, we use modern versions of the gravity model to estimate the trade creation implied by the EU, and apply those to counterfactual exercises where for instance the EU returns to a "normal'', shallow-type regional agreement, or reverts to WTO rules. Those scenarios are envisioned with or without the exit of the United Kingdom from the EU (Brexit) happening, which points to interesting cross-country differences and potential cascade effects in doing and undoing of trade agreements. |
| Physical Description: | 1 Online-Ressource (50 Seiten) Diagramme, Karten |
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| id | DE-604.BV045202893 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T08:11:27Z |
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| physical | 1 Online-Ressource (50 Seiten) Diagramme, Karten |
| psigel | ebook |
| publishDate | 2018 |
| publishDateSearch | 2018 |
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| publisher | CEPII |
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| series | Working paper |
| series2 | Working paper |
| spelling | Mayer, Thierry 1971- Verfasser (DE-588)114991421 aut The cost of Non-Europe, revisited Thierry Mayer, Vincent Vicard & Soledad Zignago ; CEPII Paris CEPII April 2018 1 Online-Ressource (50 Seiten) Diagramme, Karten txt rdacontent c rdamedia cr rdacarrier Working paper no 2018-06 In this paper we quantify the "Cost of Non-Europe", i.e. the trade-related welfare gains each country member has reaped from the European Union. Thirty years after the terminology of Non-Europe was used to give estimates of the gains from further integration, we use modern versions of the gravity model to estimate the trade creation implied by the EU, and apply those to counterfactual exercises where for instance the EU returns to a "normal'', shallow-type regional agreement, or reverts to WTO rules. Those scenarios are envisioned with or without the exit of the United Kingdom from the EU (Brexit) happening, which points to interesting cross-country differences and potential cascade effects in doing and undoing of trade agreements. Vicard, Vincent Verfasser aut Zignago, Soledad Verfasser (DE-588)12952543X aut Centre d'Études Prospectives et d'Informations Internationales (DE-588)274231-7 isb Working paper no 2018-06 (DE-604)BV019602170 2018,6 http://www.cepii.fr/PDF_PUB/wp/2018/wp2018-06.pdf Verlag kostenfrei Volltext |
| spellingShingle | Mayer, Thierry 1971- Vicard, Vincent Zignago, Soledad The cost of Non-Europe, revisited Working paper |
| title | The cost of Non-Europe, revisited |
| title_auth | The cost of Non-Europe, revisited |
| title_exact_search | The cost of Non-Europe, revisited |
| title_full | The cost of Non-Europe, revisited Thierry Mayer, Vincent Vicard & Soledad Zignago ; CEPII |
| title_fullStr | The cost of Non-Europe, revisited Thierry Mayer, Vincent Vicard & Soledad Zignago ; CEPII |
| title_full_unstemmed | The cost of Non-Europe, revisited Thierry Mayer, Vincent Vicard & Soledad Zignago ; CEPII |
| title_short | The cost of Non-Europe, revisited |
| title_sort | the cost of non europe revisited |
| url | http://www.cepii.fr/PDF_PUB/wp/2018/wp2018-06.pdf |
| volume_link | (DE-604)BV019602170 |
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