Construct · 1 fields · 1 citations

trade diversion: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

International economics

the shift of imports from a lower-cost outside supplier to a higher-cost partner after preferential tariffs, which can reduce welfare.

In international economics, trade diversion refers to the shift of imports from a lower-cost outside supplier to a higher-cost partner after preferential tariffs, which can reduce welfare. This meaning comes from Lipsey (1957) in Economica.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how trade diversion sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

diversion2 fields · 2 citationsjingle · one word, two constructs shift4 fields · 7 citationsjingle · one word, four constructs welfare4 fields · 4 citationsjingle · one word, four constructs

References

Lipsey, R. G. (1957). The Theory of Customs Unions: Trade Diversion and Welfare. Economica, 24(93), 40. https://doi.org/10.2307/2551626

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct