The Customs Union Issue
E470008
The Customs Union Issue is a seminal 1950 economic study by Jacob Viner that analyzes the welfare effects of customs unions through the concepts of trade creation and trade diversion.
All labels observed (1)
| Label | Occurrences |
|---|---|
| The Customs Union Issue canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economic study ⓘ |
| academicDiscipline | economics ⓘ |
| analyzes |
effects of common external tariff
ⓘ
effects of tariff elimination within a group of countries ⓘ welfare effects of customs unions ⓘ |
| author | Jacob Viner NERFINISHED ⓘ |
| considered |
classic in international trade literature
ⓘ
seminal work in customs union theory ⓘ |
| contributionTo | formalization of customs union theory ⓘ |
| critiques | simplistic assumptions about benefits of customs unions ⓘ |
| examines |
distribution of gains from customs unions
ⓘ
static welfare effects of regional integration ⓘ |
| fieldOfStudy |
international economics
ⓘ
welfare economics ⓘ |
| focusesOn |
conditions under which customs unions improve welfare
ⓘ
conditions under which customs unions reduce welfare ⓘ |
| hasAuthor | Jacob Viner NERFINISHED ⓘ |
| hasImpactOn |
analysis of customs unions in trade policy
ⓘ
analysis of free trade areas ⓘ |
| hasKeyTerm |
customs union
ⓘ
preferential trade agreement ⓘ trade creation ⓘ trade diversion ⓘ |
| hasLegacy | standard terminology for trade creation and diversion in economics ⓘ |
| influenced |
policy analysis of regional trade agreements
ⓘ
theory of economic integration ⓘ |
| introducesConcept |
trade creation
ⓘ
trade diversion ⓘ |
| isReferencedIn | literature on regional trade agreements ⓘ |
| language | English ⓘ |
| mainSubject |
customs unions
ⓘ
economic integration ⓘ international trade ⓘ |
| notableWork | The Customs Union Issue NERFINISHED ⓘ |
| publicationCentury | 20th century ⓘ |
| publicationYear | 1950 ⓘ |
| publisher | Carnegie Endowment for International Peace NERFINISHED ⓘ |
| regardsAsImportant |
comparison with multilateral free trade
ⓘ
pattern of trade flows after integration ⓘ |
| targetAudience |
economists
ⓘ
policy makers in trade and integration ⓘ |
| timePeriodDiscussed | post-World War II trade policy ⓘ |
| typeOfWork | monograph ⓘ |
| usesConcept |
comparative advantage
ⓘ
tariff preferences ⓘ |
| usesMethod | partial equilibrium analysis ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.