Contributions to Economics

Asymmetric Economic Integration

Size Characteristics of Economies, Trade Costs and Welfare

Authors: Snorrason, Snorri Thomas

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About this book

This book investigates whether the effects of economic integration differ according to the size of countries. The analysis incorporates a classification of the size of countries, reflecting the key economic characteristics of economies in order to provide an appropriate benchmark for each size group in the empirical analysis of the effects of asymmetric economic integration. The formation or extension of Preferential Trade Areas (PTAs) leads to a reduction in trade costs. This poses a critical secondary question as to the extent to which trade costs differ according to the size of countries. The extent to which membership of PTAs has an asymmetric impact on trade flow according to the size of member countries is analyzed by employing econometric tools and general equilibrium analysis, estimating both the ex-post and ex-ante effects of economic integration on the size of countries, using a data set of 218 countries, 45 of which are European. ?

About the authors

Dr. Snorri Thomas Snorrason received his PhD in Economics from Lancaster University, UK, earned his MBA in Organizations & Markets, Finance and Marketing from the University of Rochester, NY and got his BSc in Economics from the University of Iceland.

His main research interests lie in the fields of international trade, microeconomics, regional economics, econometrics, general equilibrium and welfare analysis.

Table of contents (8 chapters)

  • Introduction

    Snorrason, Snorri Thomas

    Pages 1-8

  • The Theory of Trade Agreements, Economic Integration, Size of Economies, Trade Costs and Welfare

    Snorrason, Snorri Thomas

    Pages 9-46

  • An Empirical Analysis of the Size Characteristics of Economies

    Snorrason, Snorri Thomas

    Pages 47-74

  • An Empirical Analysis of the Impact of Trade Costs on Trade Flows and Welfare: Country Size and PTA Implications

    Snorrason, Snorri Thomas

    Pages 75-104

  • A Cross-Section Analysis of Size Classification and the Effects of Preferential Trade Agreements

    Snorrason, Snorri Thomas

    Pages 105-134

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-3-7908-2861-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.00
price for USA
  • ISBN 978-3-7908-2860-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $149.00
price for USA
  • ISBN 978-3-7908-2933-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Asymmetric Economic Integration
Book Subtitle
Size Characteristics of Economies, Trade Costs and Welfare
Authors
Series Title
Contributions to Economics
Copyright
2012
Publisher
Physica-Verlag Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-7908-2861-0
DOI
10.1007/978-3-7908-2861-0
Hardcover ISBN
978-3-7908-2860-3
Softcover ISBN
978-3-7908-2933-4
Series ISSN
1431-1933
Edition Number
1
Number of Pages
XX, 208
Topics