A Test of Endogenous Trade Bloc Formation Theory on EU Data

This paper empirically confronts one explanation of spreading regionalism with the European experience. The domino theory asserts that forming a preferential trade area, or deepening an existing one, produces trade diversion that generates new political-economy forces in third nations as third-natio...

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Bibliographic Details
Main Authors: Richard Edward Baldwin, Roland Rieder
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2007-12-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2007.11.2.171