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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.

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. / Series: EI Working Papers / Europainstitut

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:epub-wu-01_3fd
Date January 2002
CreatorsBadinger, Harald, Breuss, Fritz
PublisherForschungsinstitut fĂĽr Europafragen, WU Vienna University of Economics and Business
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypePaper, NonPeerReviewed
Formatapplication/pdf
Relationhttp://epub.wu.ac.at/1732/

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