Overall Import Levels of the Industrialized Countries
The preliminary analyses in chapter 3 indicated that population size and wealth indeed had a clear influence on overall levels of imports as expected, but additionally there were other factors present since the relationships were only partial ones. In order to determine the relative openness of the industrialized countries to imports, the actual levels of imported goods per capita were used, controlling for population size, wealth, membership in the EC/EU, and membership in EFTA. Analyses of actual per capita import levels with these controls provided some indications of what the effects of government policies in different countries had been. There were also changes over time as well.
KeywordsIndustrialize Country Purchase Power Parity Free Trade Agreement Purchase Power Parity Free Trade Area
Unable to display preview. Download preview PDF.
- 1.Bela Balassa, “Intra-Industry Trade among Exporters of Manufactured Goods,” in David Greenaway and P. K. M. Tharakan (eds.), Imperfect Competition and International Trade: The Policy Aspects of Intra-Industry Trade (Sussex: Wheatsheaf, 1986), pp. 108–28;Google Scholar
- Barry Bosworth, Susan M. Collins, and Yu-chin Chen, “Accounting for Differences in Economic Growth,” Brookings Discussion Papers in International Economics, No. 115 (October 1995), p. 40;Google Scholar
- 2.Michael Michaely, Demetris Papageorgiou, and Armeane M. Choksi, Liberalizing Foreign Trade: Volume 7, Lessons of Experience in the Developing World (Cambridge, MA: Basil Blackwell, 1991), pp. 118–19.Google Scholar
- 5.Guillermo de la Dehesa, Jose Juan Ruiz, and Angel Torres, “Spain,” in Demetris Papageorgiou, Michael Michaely, and Armeane M. Choksi (eds.), Liberalizing Foreign Trade: Volume 6, The Experience of New Zealand, Spain, and Turkey (Oxford: Basil Blackwell, 1991), pp. 173, 252–57.Google Scholar
- 6.Nadav Halevi and Joseph Baruh, “Israel,” in Demetris Papageorgiou, Michael Michaely, and Armeane M. Choksi (eds.), Liberalizing Foreign Trade: Volume 3, The Experience of Israel and Yugoslavia (Oxford: Basil Blackwell, 1991), p. 152.Google Scholar
- 7.John T. Rourke, International Politics on the World Stage, 7th ed. (Guilford, CT: Dushkin/McGraw-Hill, 1999), p. 402.Google Scholar