Resource title

Do small countries of a trade bloc gain more of its enlargement? An empirical test of the Casella effect for the case of the European Community.

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image for OpenScout resource :: Do small countries of a trade bloc gain more of its enlargement? An empirical test of the Casella effect for the case of the European Community.

Resource description

Casella (1996) derives theoretically the result that the gains from enlarging a trade bloc fall disproportionately on its small member states. Testing this hypothesis for the Member States of the European Community and its enlargements since 1973, we find mixed results, indicating that such a small country bonus may well exists, but that it is partly neutralized or dominated by economic forces that tend to favour large countries. (author's abstract) ; Series: EI Working Papers / Europainstitut

Resource author

Harald Badinger, Fritz Breuss

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Resource language

en

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application/pdf

Resource resource URL

http://epub.wu.ac.at/1732/1/document.pdf

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