Hardcover. Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialization, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union. These empirical analyses show that the main conclusions also hold empirically. However, many detailed empirical observations often contrast the theoretical expectation. Hence, although the trade theories do predict the general changes correctly, they are not capable of predicting the more specific empirical outcomes. The empirical analyses use intercountry input-output tables in constant prices with six EU countries (Germany, France, Italy, The Netherlands, Belgium and Denmark) for the years 1970, 1975, 1980 and 1985. These data prove to be a valuable contribution to analysing the economic effects of international integration, since they provide a consistent database that can be used to analyse many economic aspects, such as technology, specialization, intra-industry trade, economic growth, sectoral distribution and direct and indirect effects.The book is intended particularly for regional economists and economists specialising in international trade, input-output analysis or European integration. Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

N� de ref. del art�culo 9780444510884

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Detalles bibliogr�ficos

T�tulo: An Input-output Analysis of European Integration (Hardcover)
Editor: Emerald Publishing Limited, Kidlington
Fecha de publicaci�n: 2002
Idioma: Ingl�s
ISBN 10: 0444510885
ISBN 13: 9780444510884
Encuadernaci�n: Hardcover
Edici�n: 1� Edici�n
Estado: new

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Sinopsis

Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union.

Cr�ticas

...Constructs a series of intercountry EC input-output tables in constant prices and uses these to analyze changes in Germany, France, Italy, The Netherlands, Belgium and Denmark during economic integration between 1970 and 1985.
Journal of Economic Literature

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