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British Imports of Manufactures and the Common Market

journal contribution
posted on 2023-06-07, 19:58 authored by L. Alan Winters
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.

History

Publication status

  • Published

Journal

Oxford Economic Papers

ISSN

0030-7653

Publisher

Oxford University Press

Issue

1

Volume

36

Page range

103-118

Pages

16.0

Department affiliated with

  • Economics Publications

Notes

No DOI

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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