Has Globalization Gone Far Enough? - The Costs of Fragmented Markets (Paperback)

How important are the remaining barriers to integration in international goods markets and how would eliminating them affect global and individual countries' welfare? This book studies these questions using the most comprehensive price data available. Bradford and Lawrence find that there is considerable market fragmentation among industrial countries -- that is, firms charging different prices for similar products in different national markets -- even among countries with low tariff barriers. The authors estimate that integration among the eight countries in their sample -- Australia, Canada, Germany, Italy, Japan, the Netherlands, the United Kingdom and the United States -- would raise global GDP by more than $500 billion, or about 2 percent. Remarkably, almost half the global gain in these eight countries could be reaped if Japan alone eliminated its international fragmentation.

General

Imprint:	The Peterson Institute for International Economics
Country of origin:	United States
Release date:	February 2004
First published:	February 2004
Authors:	Scott Bradford • Robert Lawrence
Dimensions:	228 x 158 x 6mm (L x W x T)
Format:	Paperback
Pages:	112
ISBN-13:	978-0-88132-349-8
Categories:	Books > Business & Economics > Economics > International economics > General Promotions
LSN:	0-88132-349-7
Barcode:	9780881323498

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!