British Imports of Manufactures and the Common Market

Winters, L. Alan (1983) British Imports of Manufactures and the Common Market. Oxford Economic Papers, 36 (1). pp. 103-118. ISSN 0030-7653

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Abstract

This paper assesses the impact of Britain's accession to the EEC on her imports of manufactures. It argues that account must be taken of the substitutability of imports for home production, and that price effects must be modelled consistently. It applies Deaton and Muellbauer's ¿Almost Ideal Demand System¿ to annual data on UK home sales and imports from ten sources. It identifies considerable trade creation, but little or no trade diversion.

Item Type: Article
Additional Information: No DOI
Schools and Departments: School of Business, Management and Economics > Economics
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Depositing User: L.Alan Winters
Date Deposited: 06 Feb 2012 18:26
Last Modified: 08 Jun 2012 11:17
URI: http://sro.sussex.ac.uk/id/eprint/16320
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