Endogenous Formation of Free Trade Agreements: Evidence from the Zollverein's Impact on Market Integration

B-Tier
Journal: Journal of Economic History
Year: 2014
Volume: 74
Issue: 4
Pages: 1168-1204

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The Zollverein was arguably the most important free trade agreement of the nineteenth century. Although 1834 is the official date of the Zollverein's establishment, member states joined in a non-random sequence over several decades because the benefits of becoming a member increased, both as the size of the union increased, and as membership in the union became increasingly important for accessing foreign markets. We incorporate the endogenous effects of accession into an estimate of the economic impact of the Zollverein customs union. Our estimated effects are several times larger than simple estimates that do not take these effects into account.

Technical Details

RePEc Handle
repec:cup:jechis:v:74:y:2014:i:04:p:1168-1204_00
Journal Field
Economic History
Author Count
2
Added to Database
2026-01-25