© 2012

Asymmetric Economic Integration

Size Characteristics of Economies, Trade Costs and Welfare


Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages i-xx
  2. Snorri Thomas Snorrason
    Pages 1-8
  3. Snorri Thomas Snorrason
    Pages 157-166
  4. Snorri Thomas Snorrason
    Pages 167-192
  5. Back Matter
    Pages 193-206

About this book


This book investigates whether the effects of economic integration differ according to the size of countries.The analysis incorporates a classification of the size of countries, reflecting the key economic characteristics of economies in order to provide an appropriate benchmark for each size group in the empirical analysis of the effects of asymmetric economic integration. The formation or extension of Preferential Trade Areas (PTAs) leads to a reduction in trade costs. This poses a critical secondary question as to the extent to which trade costs differ according to the size of countries.The extent to which membership of PTAs has an asymmetric impact on trade flow according to the size of member countries is analyzed by employing econometric tools and general equilibrium analysis, estimating both the ex-post and ex-ante effects of economic integration on the size of countries, using a data set of 218 countries, 45 of which are European. ​


Economic Integration International Trade Size of Countries Trade Costs Welfare

Authors and affiliations

  1. 1.Management School, Department of EconomicsLancaster UniversityLancasterUnited Kingdom

About the authors

Dr. Snorri Thomas Snorrason received his PhD in Economics from Lancaster University, UK, earned his MBA in Organizations & Markets, Finance and Marketing from the University of Rochester, NY and got his BSc in Economics from the University of Iceland.

His main research interests lie in the fields of international trade, microeconomics, regional economics, econometrics, general equilibrium and welfare analysis.

Bibliographic information

  • Book Title Asymmetric Economic Integration
  • Book Subtitle Size Characteristics of Economies, Trade Costs and Welfare
  • Authors Snorri Thomas Snorrason
  • Series Title Contributions to Economics
  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2012
  • Publisher Name Physica, Heidelberg
  • eBook Packages Business and Economics Economics and Finance (R0)
  • Hardcover ISBN 978-3-7908-2860-3
  • Softcover ISBN 978-3-7908-2933-4
  • eBook ISBN 978-3-7908-2861-0
  • Series ISSN 1431-1933
  • Edition Number 1
  • Number of Pages XX, 208
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics International Economics
    European Integration
  • Buy this book on publisher's site
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