Edited by Carsten Kowalczyk, Associate Professor of International Economics, Tufts University, US

• Contents:Acknowledgements • IntroductionPart I: Trade Diversion and Creation, and the General Theory of Second Best1. Jacob Viner (1950), ‘The Economics of Customs Unions’2. Richard G. Lipsey and Kelvin Lancaster (1997), ‘The General Theory of Second Best’3. Franz Gehrels (1956-57), ‘Customs Union from a Single-Country Viewpoint’Part II: PreliminariesATariff Changes and Welfare4. Ronald W. Jones (1969), ‘Tariffs and Trade in General Equilibrium: Comment’5. Michihiro Ohyama (1972), ‘Trade and Welfare in General Equilibrium’BOptimum Tariffs and Retaliation6. J. de V. Graaf (1949-50), ‘On Optimum Tariff Structures’7. Harry G. Johnson (1953-54), ‘Optimum Tariffs and Retaliation’8. Eric W. Bond (1990), ‘The Optimal Tariff Structure in Higher Dimensions’9. Daniel Gros (1987), ‘A Note on the Optimal Tariff, Retaliation and the Welfare Loss from Tariff Wars in a Framework with Intra-Industry Trade’CTariff Reform10. Tatsuo Hatta (1977), ‘A Theory of Piecemeal Policy Recommendations’ Part III: Results on Integration and WelfareAIntegration and National Welfare11. Richard G. Lipsey (1970), ‘Inter-Commodity Substitution with Constant Real Prices: 2 The Graham Demand Case’12. Raymond Riezman (1979), ‘A 3x3 Model of Customs Unions’13. Paul Wonnacott and Ronald Wonnacott (1981), ‘Is Unilateral Tariff Reduction Preferable to a Customs Union? The Curious Case of the Missing Foreign Tariffs’14. Carsten Kowalczyk (1993), ‘Integration in Goods and Factors: The Role of Flows and Revenue’BIntegration and Union Welfare15. John McMillan and Ewen McCann (1981), ‘Welfare Effects in Customs Unions’16. Konstantine Gatsios and Larry Karp (1991), ‘Delegation Games in Customs Unions’CIntegration and World Welfare17. Tatsuo Hatta and Takashi Fukushima (1979), ‘The Welfare Effect of Tariff Rate Reductions in a Many Country World’18. Carsten Kowalczyk (1992), ‘Paradoxes in Integration Theory’19. Murray C. Kemp and Henry Y. Wan, Jr. (1976), ‘An Elementary Proposition Concerning the Formation of Customs Unions’20. Paul Krugman (1991), ‘The Move Toward Free Trade Zones’21. Alan V. Deardorff and Robert M. Stern (1994), ‘Multilateral Trade Negotiations and Preferential Trading Arrangements’22. Eric W. Bond and Constantinos Syropoulos (1996), ‘The Size of Trading Blocs: Market Power and World Welfare Effects’Part IV: Other ResultsACustoms Unions versus Free Trade Areas23. John Kennan and Raymond Riezman (1990), ‘Optimal Tariff Equilibria With Customs Unions’24. Martin Richardson (1995), ‘Tariff Revenue Competition in a Free Trade Area’BIntegration and Sidepayments25. Earl L. Grinols (1981), ‘An Extension of the Kemp-Wan Theorem on the Formation of Customs Unions’26. Carsten Kowalczyk and Tomas Sjöström (1994), ‘Bringing GATT into the Core’CIntegration and Growth27. Richard E. Baldwin (1992), ‘Measurable Dynamic Gains from Trade’28. Joy Mazumdar (1996), ‘Do Static Gains from Trade Lead to Medium-Run Growth?’29. Gene M. Grossman and Elhanan Helpman (1990), ‘Comparative Advantage and Long-Run Growth’30. Luis A. Rivera-Batiz and Paul M. Romer (1991), ‘Economic Integration and Endogenous Growth’Name Index

Edited by Carsten Kowalczyk, Associate Professor of International Economics, Tufts University, US

• Contents:Acknowledgements • IntroductionPart I: Trade Diversion and Creation, and the General Theory of Second Best1. Jacob Viner (1950), ‘The Economics of Customs Unions’2. Richard G. Lipsey and Kelvin Lancaster (1997), ‘The General Theory of Second Best’3. Franz Gehrels (1956-57), ‘Customs Union from a Single-Country Viewpoint’Part II: PreliminariesATariff Changes and Welfare4. Ronald W. Jones (1969), ‘Tariffs and Trade in General Equilibrium: Comment’5. Michihiro Ohyama (1972), ‘Trade and Welfare in General Equilibrium’BOptimum Tariffs and Retaliation6. J. de V. Graaf (1949-50), ‘On Optimum Tariff Structures’7. Harry G. Johnson (1953-54), ‘Optimum Tariffs and Retaliation’8. Eric W. Bond (1990), ‘The Optimal Tariff Structure in Higher Dimensions’9. Daniel Gros (1987), ‘A Note on the Optimal Tariff, Retaliation and the Welfare Loss from Tariff Wars in a Framework with Intra-Industry Trade’CTariff Reform10. Tatsuo Hatta (1977), ‘A Theory of Piecemeal Policy Recommendations’ Part III: Results on Integration and WelfareAIntegration and National Welfare11. Richard G. Lipsey (1970), ‘Inter-Commodity Substitution with Constant Real Prices: 2 The Graham Demand Case’12. Raymond Riezman (1979), ‘A 3x3 Model of Customs Unions’13. Paul Wonnacott and Ronald Wonnacott (1981), ‘Is Unilateral Tariff Reduction Preferable to a Customs Union? The Curious Case of the Missing Foreign Tariffs’14. Carsten Kowalczyk (1993), ‘Integration in Goods and Factors: The Role of Flows and Revenue’BIntegration and Union Welfare15. John McMillan and Ewen McCann (1981), ‘Welfare Effects in Customs Unions’16. Konstantine Gatsios and Larry Karp (1991), ‘Delegation Games in Customs Unions’CIntegration and World Welfare17. Tatsuo Hatta and Takashi Fukushima (1979), ‘The Welfare Effect of Tariff Rate Reductions in a Many Country World’18. Carsten Kowalczyk (1992), ‘Paradoxes in Integration Theory’19. Murray C. Kemp and Henry Y. Wan, Jr. (1976), ‘An Elementary Proposition Concerning the Formation of Customs Unions’20. Paul Krugman (1991), ‘The Move Toward Free Trade Zones’21. Alan V. Deardorff and Robert M. Stern (1994), ‘Multilateral Trade Negotiations and Preferential Trading Arrangements’22. Eric W. Bond and Constantinos Syropoulos (1996), ‘The Size of Trading Blocs: Market Power and World Welfare Effects’Part IV: Other ResultsACustoms Unions versus Free Trade Areas23. John Kennan and Raymond Riezman (1990), ‘Optimal Tariff Equilibria With Customs Unions’24. Martin Richardson (1995), ‘Tariff Revenue Competition in a Free Trade Area’BIntegration and Sidepayments25. Earl L. Grinols (1981), ‘An Extension of the Kemp-Wan Theorem on the Formation of Customs Unions’26. Carsten Kowalczyk and Tomas Sjöström (1994), ‘Bringing GATT into the Core’CIntegration and Growth27. Richard E. Baldwin (1992), ‘Measurable Dynamic Gains from Trade’28. Joy Mazumdar (1996), ‘Do Static Gains from Trade Lead to Medium-Run Growth?’29. Gene M. Grossman and Elhanan Helpman (1990), ‘Comparative Advantage and Long-Run Growth’30. Luis A. Rivera-Batiz and Paul M. Romer (1991), ‘Economic Integration and Endogenous Growth’Name Index