Mario Arturo, Ruiz Estrada (2004): THE Global Dimension of the Regional Integration Model (GDRI-Model) APPLIED ON eu, nafta, asean AND mercosur.
Download (758kB) | Preview
This research paper presents a new model of analysis to study the trend of regional integration from a global perspective. This new model is called the Global Dimension of Regional Integration Model (GDRI-Model). The rationale for the creation of this model is the necessity to study regional integration from political, social, economic, and technological perspectives simultaneously. There are four basic phases in the implementation of GDRI-Model. The first phase is the design of the multi-input database table. The second phase is the measurement of individual Regional Global Development Indexes (Xi), which include the Regional Global Political Development Index (X1), Regional Global Social Development Index (X2), Regional Global Economic Development Index (X3) and Regional Global Technological Development Index (X4). The third phase is the measurement of the Regional Global Development (RGD) index. The last phase is the measurement of Regional Integration Stage (RIS) index. The general objective of GDRI-Model is to offer policy-makers and researchers a new analytical tool to study the evolution and stages of any regional integration process from a global perspective -- based on a group of indexes and graphs. The GDRI-Model is not intended to be a forecasting model in any case. However, its application is not limited to the study of a special group of countries or regions. It is not constrained by issues about the region or the development stages of any member in a region that is interested in integrating into a single regional trade bloc. The GDRI-Model, in effect, is a simple and flexible scheme, which can be applied to any case of regional integration.
|Item Type:||MPRA Paper|
|Original Title:||THE Global Dimension of the Regional Integration Model (GDRI-Model) APPLIED ON eu, nafta, asean AND mercosur|
|Keywords:||Global development indexes; regional integration; economics modeling; Intraregional global development index; regional integration stage index; economic development and domestic system development|
|Subjects:||F - International Economics > F1 - Trade > F15 - Economic Integration|
|Depositing User:||Dr. Mario Arturo Ruiz Estrada|
|Date Deposited:||07. Aug 2012 13:34|
|Last Modified:||23. Feb 2013 10:55|
Bhagwati, Jagdish; Krishna, Pravin and Panagariya, Arvind. (1999). Trading Blocs:Alternative Approaches to analyzing Preferential Trade Agreements, USA: MIT Press, pp.3-20.
Breton, Paul; Scott, Hery and Sinclair, Peter. (1997). International Trade, USA: Oxford University Press, 78-79.1997.
Central American Common Market –CACM- (2004). General information www.sieca.org.gt
Devlin, Robert and Ffrench-Davis, Ricardo. (1998). Towards an Evaluation of Regional Integration in Latin America in the 1990’s. Inter-American Development Bank (IDB), The Institute for the Integration of Latin American and the Caribbean (INTAL) working papers, Paper Vol. 2, pp. 19-22.
Deardorff, Alan V. and Stern, Roberto M. (1994). Multilateral Trade Negotiations and Preferential Trading Arrangements, in Alan V. Deardorff and Robert M. Stern (eds), Analytical and Negotiating Issues in the global trading system, Ann Arbor: University of Michigan Press, pp. 27-85.
Fernandez, Raquel. (1986). The Central America Common Market (CACM), USA: MIT,pp. 1-65.
JSTOR (2004). Journals information www.jstor.org
Kemp C. Murray and Wan Y. Henry. (1976). An Elementary Proposition Concerning the Formation of Custom Unions. Journal of International Economics, paper Vol. 6, pp. 95-97.
Krugman, Paul and Obstfeld. (2000). International Economics: Theory and Policy”, USA:Addison-Wesley, pp.187-197.
Lipsey, Richard G. and Lancaster, Kelvin. (1997). The General Theory of Second Best, in Richard G. Lipsey (Ed.), Microeconomics, Growth and political Economy: The selected Essays of Richard. G. Lipsey. Cheltenham, UK: Edward Elgar, pp.153-80 [a revised version of an article originally published in the Review of Economic Studies, XXIV, 1956, pp.11-32.
Mattli, Walter. (1999). The Logic of the Regional Integration, London: Press Syndicate of the University of Cambridge, pp. 20-40.
Mckinnon, Ronald I. (1963). Optimum Currency Areas, The American Economic Review, Paper Vol. 53, No. 4. pp. 717-725.
Mordechai E. Kreinin and Plummer G. Michael. (2002). Economic Integration and Development: Has Regional Delivered for Developing Countries ?, USA: Edward Elgar Publishing Limited, pp. 33-52.
Mundell, Robert. (1961). A Theory of Optimum Currency Areas. The American Economic Review, Paper Vol. 51, No.4, pp. 657-665.
Salvatore, Dominick. (2001). International Economics, USA:John Wiley & Sons, Inc., pp. 328-329.
Viner, Jacob. (1950). The Economics of Custom Unions, in the Customs Union Issues, Chapter IV, New York: Carnegie Endowment for International Peace, pp.41-81.
Winters, Alan. (1999). Regionalism vs. Multilateralism, Market Integration and the Global Economy, The selected Essays of BALWIN, E. Richard, Cohen Daniel, André Sapir and Anthony Venables, Centre for Economic Policy Research, 7-49.
Winters, Alan. (1997). Assessing Regional Integration Arrangements, Washington D.C., U.S.: International Trade Division, World Bank (WB).