Author: Mark Melatos Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper investigates how customs union members select the common external tariff (CET) to levy on imports from nonmembers. A perfectly competitive, pure exchange, general-equilibrium model of world trade is simulated. Contrary to most previous work, countries have the freedom to share authority over CET choice and to select from a variety of possible coalition forms. The results confirm that when customs unions are observed in the core, members may wish to share responsibility for CET choice in a variety of ways. Generally, however, the member country that is relatively well-endowed or has relatively elastic consumer preferences tends to take the lead in CET choice.
Author: Samia Costa Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Missing from the analysis of customs unions has been a consideration of collective decision-making by countries regarding the union's common trade policy. In the case of the common European external tariff, how governments voted was not public information. This paper uses a unique dataset to derive member states' tariff preferences, which are then used to establish the decision rule before 1987, when individual governments had veto power. Results indicate a principle of unanimity, as well as the presence of logrolling. The political equilibrium for the common external tariff is also illustrated to have shifted as a result of union enlargements.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages :
Book Description
"We present a three-nation model, where two of the nations are members of a Customs Union (CU) and maintain a common external tariff (CET) on the third (non-member) nation. The producing lobby is assumed to be union-wide and lobbies both governments to influence the CET. The CET is determined jointly by the CU. We follow the political support function approach, where the CU seeks to maximize a weighted sum of the constituents' payoff functions, the weights reflecting the influence of the respective governments in the CU. A central finding of this paper is that the CET rises monotonically with the degree of asymmetry in the weights if the two countries are equally susceptible to lobbying. If the weights are the same, but the respective governments are asymmetric in their susceptibilities to lobbying, the CET also rises monotonically with this asymmetry. However, an increase in one type of asymmetry, in the presence of the other type of asymmetry, may reduce the CET"--Federal Reserve Bank of St. Louis web site.
Author: Andrew Moravcsik Publisher: Routledge ISBN: 1134215347 Category : Political Science Languages : en Pages : 529
Book Description
The creation of the European Union arguably ranks among the most extraordinary achievements in modern world politics. Observers disagree, however, about the reasons why European governments have chosen to co- ordinate core economic policies and surrender sovereign perogatives. This text analyzes the history of the region's movement toward economic and political union. Do these unifying steps demonstrate the pre-eminence of national security concerns, the power of federalist ideals, the skill of political entrepreneurs like Jean Monnet and Jacques Delors, or the triumph of technocratic planning? Moravcsik rejects such views. Economic interdependence has been, he maintains, the primary force compelling these democracies to move in this surprising direction. Politicians rationally pursued national economic advantage through the exploitation of asymmetrical interdependence and the manipulation of institutional commitments.
Author: William Otto Henderson Publisher: Routledge ISBN: 0429622317 Category : History Languages : en Pages : 375
Book Description
Published in 1959: This book is the only detailed study of the origin of the German customs union and its history up to the establishment of the united Reich in 1871. It is based on the author's researches in the Public Record Office and in the archives as Berlin and Vienna and takes full account of the numerous monographs by German Scholars on various aspects of Zollverein history.
Author: Mark Melatos
Author: C. J. Bliss
Author: T. N. Srinivasan
Author: A. M. El-Agraa
Author: Thirukodikaval N. Srinivasan
Author: Samia Costa
Author: East African Community. Customs Union
Author: Subhayu Bandyopadhyay
Author: Andrew Moravcsik
Author: William Otto Henderson