Bayoumi, Tamim. <br/><br/>
Is Regionalism Simply a Diversion? Evidence From the Evolution of the EC and EFTA / 
Tamim Bayoumi, Barry Eichengreen. 
 - Cambridge, Mass.  National Bureau of Economic Research  1995. 
 - 1 online resource:  illustrations (black and white); 
 - NBER working paper series  no. w5283 .
 - Working Paper Series (National Bureau of Economic Research)  no. w5283. .
<br/><br/> October 1995. 
<br/><br/> This paper considers the impact on trade of preferential arrangements in Europe since the 1950s.  Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade.  We also find evidence of trade diversion in several cases, notably that of the EC in the 1960s. 
<br/><br/>
<br/><br/><br/>System requirements: Adobe [Acrobat] Reader required for PDF files. <br/>Mode of access: World Wide Web.