TY  - BOOK
AU  - Egoume Bossogo,Philippe
AU  - Mendis,Chandima
TI  - Trade and Integration in the Caribbean
T2  - IMF Working Papers; Working Paper
SN  - 1451856830 :
SN  - 1018-5941
PY  - 2002///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Average Trade
KW  - imf
KW  - Bilateral Trade
KW  - Dummy Variable
KW  - Equation
KW  - Gravity Model
KW  - Integration
KW  - Barbados
KW  - Grenada
KW  - Guyana
KW  - Jamaica
KW  - Saint Vincent and the Grenadines
N2  - This paper analyzes trade in the Caribbean community (CARICOM) using a gravity model framework. The paper seeks to shed light on the dynamics of trade among CARICOM member countries, as well with the rest of world over 1980-99. Overall, the results show that intra-CARICOM trade has increased, suggesting that further regional integration is desirable. At the same time, CARICOM's trade with the rest of the world has risen as well, fueled notably by the reduction of the arrangement's common external tariff and despite the negative impact of the declining preferential access to EU markets for banana. In contrast, WTO membership does not appear to have had a positive impact on trade. Overall, it appears that trade liberalization is consistent with greater CARICOM trade integration
UR  - http://elibrary.imf.org/view/IMF001/07446-9781451856835/07446-9781451856835/07446-9781451856835.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451856835
ER  -