Trade integration of countries with different level of economic development
Economic integration is definitely one of the most common forms of cooperation in the modern global economy – it would be difficult to indicate a country not belonging to at least one integration group. According to theory, such cooperation between countries should be followed by two effects: trade...
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| Idioma: | polonès |
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Wydawnictwo Uniwersytetu Łódzkiego
2025
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| Accés en línia: | ONIX_20250307_9788381422345_94 |
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| author | Wieloch, Justyna |
| author_browse | Wieloch, Justyna |
| author_facet | Wieloch, Justyna |
| author_sort | Wieloch, Justyna |
| collection | Directory of Open Access Books |
| description | Economic integration is definitely one of the most common forms of cooperation in the modern global economy – it would be difficult to indicate a country not belonging to at least one integration group. According to theory, such cooperation between countries should be followed by two effects: trade creation and diversion. The baseline study for this problem is the model provided by Viner, who was a precursor of analysis concerning welfare effects of economic integration. He was the one who proposed the concept of trade creation and trade diversion as a starting point for further, more complex studies on the effect of creating trade agreements. Viner implemented numerous limitations to his model, which on the one hand, enabled to avoid ambiguities arising in more detailed studies. On the other hand, however, the assumptions affect final conclusions, and therefore other researchers modify Viner’s assumptions and demonstrate how that determines theoretical integration effects. The dissertation topic was chosen because conclusions regarding profitability of integration are still inconclusive. The author has decided to conduct studies on NAFTA as, despite the existence of extensive literature containing research on the effects of economic integration, there are only few empirical analyses of specific groups in which attempts at identifying and evaluating membership in the trade agreement through the prism of creation and diversion effects were undertaken. The aim of the study was to assess the impact of membership in NAFTA on the Mexican economy, particularly on the country’s trade creation and diversion occurrence. This purpose distinguishes the dissertation from other studies on integration effects, since the majority of such studies involve either the theory or empirical analysis of the effects of integration in specific agreements. However, only in few studies, the differences in economic development are taken into consideration. |
| format | Online |
| id | doab-20.500.12854ir-153915 |
| institution | Directory of Open Access Books |
| language | pol |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Wydawnictwo Uniwersytetu Łódzkiego |
| publisherStr | Wydawnictwo Uniwersytetu Łódzkiego |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1539152025-03-07T12:28:23Z Trade integration of countries with different level of economic development Wieloch, Justyna North American Free Trade Agreement NAFTA international trade mexican economy economic integration free trade area Economic integration is definitely one of the most common forms of cooperation in the modern global economy – it would be difficult to indicate a country not belonging to at least one integration group. According to theory, such cooperation between countries should be followed by two effects: trade creation and diversion. The baseline study for this problem is the model provided by Viner, who was a precursor of analysis concerning welfare effects of economic integration. He was the one who proposed the concept of trade creation and trade diversion as a starting point for further, more complex studies on the effect of creating trade agreements. Viner implemented numerous limitations to his model, which on the one hand, enabled to avoid ambiguities arising in more detailed studies. On the other hand, however, the assumptions affect final conclusions, and therefore other researchers modify Viner’s assumptions and demonstrate how that determines theoretical integration effects. The dissertation topic was chosen because conclusions regarding profitability of integration are still inconclusive. The author has decided to conduct studies on NAFTA as, despite the existence of extensive literature containing research on the effects of economic integration, there are only few empirical analyses of specific groups in which attempts at identifying and evaluating membership in the trade agreement through the prism of creation and diversion effects were undertaken. The aim of the study was to assess the impact of membership in NAFTA on the Mexican economy, particularly on the country’s trade creation and diversion occurrence. This purpose distinguishes the dissertation from other studies on integration effects, since the majority of such studies involve either the theory or empirical analysis of the effects of integration in specific agreements. However, only in few studies, the differences in economic development are taken into consideration. 2025-03-07T12:28:21Z 2025-03-07T12:28:21Z 2019 book ONIX_20250307_9788381422345_94 9788381422345 9788381422338 https://directory.doabooks.org/handle/20.500.12854/153915 pol Economics image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.press.uni.lodz.pl/index.php/wul/catalog/book/681 Wydawnictwo Uniwersytetu Łódzkiego electronic 10.18778/8142-233-8 Economic integration is definitely one of the most common forms of cooperation in the modern global economy – it would be difficult to indicate a country not belonging to at least one integration group. According to theory, such cooperation between countries should be followed by two effects: trade creation and diversion. The baseline study for this problem is the model provided by Viner, who was a precursor of analysis concerning welfare effects of economic integration. He was the one who proposed the concept of trade creation and trade diversion as a starting point for further, more complex studies on the effect of creating trade agreements. Viner implemented numerous limitations to his model, which on the one hand, enabled to avoid ambiguities arising in more detailed studies. On the other hand, however, the assumptions affect final conclusions, and therefore other researchers modify Viner’s assumptions and demonstrate how that determines theoretical integration effects. The dissertation topic was chosen because conclusions regarding profitability of integration are still inconclusive. The author has decided to conduct studies on NAFTA as, despite the existence of extensive literature containing research on the effects of economic integration, there are only few empirical analyses of specific groups in which attempts at identifying and evaluating membership in the trade agreement through the prism of creation and diversion effects were undertaken. The aim of the study was to assess the impact of membership in NAFTA on the Mexican economy, particularly on the country’s trade creation and diversion occurrence. This purpose distinguishes the dissertation from other studies on integration effects, since the majority of such studies involve either the theory or empirical analysis of the effects of integration in specific agreements. However, only in few studies, the differences in economic development are taken into consideration. 10.18778/8142-233-8 83bfe9c9-323d-4283-b087-d859fd9af314 9788381422345 9788381422338 electronic open access |
| spellingShingle | North American Free Trade Agreement NAFTA international trade mexican economy economic integration free trade area Wieloch, Justyna Trade integration of countries with different level of economic development |
| title | Trade integration of countries with different level of economic development |
| title_full | Trade integration of countries with different level of economic development |
| title_fullStr | Trade integration of countries with different level of economic development |
| title_full_unstemmed | Trade integration of countries with different level of economic development |
| title_short | Trade integration of countries with different level of economic development |
| title_sort | trade integration of countries with different level of economic development |
| topic | North American Free Trade Agreement NAFTA international trade mexican economy economic integration free trade area |
| topic_facet | North American Free Trade Agreement NAFTA international trade mexican economy economic integration free trade area |
| url | ONIX_20250307_9788381422345_94 |
| work_keys_str_mv | AT wielochjustyna tradeintegrationofcountrieswithdifferentlevelofeconomicdevelopment |