Template-Type: ReDIF-Paper 1.0
Author-Name: de Boer, P.M.C.
Author-Name-Last: de Boer
Author-Name-First: Paul
Author-Name: Martinez, C.
Author-Name-Last: Martinez
Author-Name: Harkema, R.
Author-Name-Last: Harkema
Title: Trade liberalization and the allocation over domestic and foreign supplies: a case study for Spanish manufacturing
Abstract: The purpose of the present paper is to investigate whether Spain's accession
 to the European Union in 1986 caused a structural break in the allocation of total supplies of manufactures over domestic and foreign supplies. To that end we use the homogeneity-constrained Almost Ideal Demand System to
 specify the long-run equilibrium relationships between the shares in total supplies and total real demand and relative prices and a first-order error correction mechanism in order to describe the adjustment process to equilibrium. Using a formal statistical test, it turns out that a
 structural break actually occurred and led to a rather sharp decrease in the share of Spain and an increase in the shares of the other members of the European Union.
Creation-Date: 1998-08-13
File-URL: https://repub.eur.nl/pub/1545/1545_ps.pdf
File-Format: application/pdf
Series: RePEc:ems:eureir
Number: EI 9829
Keywords: economic integration, impact assessment, structural break
Handle: RePEc:ems:eureir:1545