Hostname: page-component-78c5997874-s2hrs Total loading time: 0 Render date: 2024-11-20T04:27:29.823Z Has data issue: false hasContentIssue false

Estimates of the Static Balance of Payments and Welfare Costs of United Kingdom Entry Into the Common Market

Published online by Cambridge University Press:  26 March 2020

Marcus H. Miller*
Affiliation:
London School of Economics

Extract

The purpose of this paper is to bring together in comparable form some published and unpublished estimates of the effects on the United Kingdom balance of payments of entry into the EEC, and the resource costs associated with them. The effects referred to are the ‘static’ effects measured at the end of the transition period, no account being taken of any ‘dynamic’ effects, nor of the transitional arrangements.

Type
Articles
Copyright
Copyright © 1971 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Atlantic Institute, A future for European agriculture, Atlantic Papers no. 4, Paris, The Atlantic Institute, 1970.Google Scholar
Britain and the European Communities: an economic assessment, London, HMSO, February 1970. (Cmnd 4289).Google Scholar
Cooper, R. A., ‘The balance of payments’ in Caves, R.et al., Britain's ecomonic prospects, London, Allen & Unwin for Brookings Institution, 1968.Google Scholar
Ferris, J.et al., The impact on US agricultural trade of the accession of the United Kingdom, Ireland, Denmark and Norway to the European Economic Community, Economic Research Service, US Department of Agriculture, Michigan State University (draft manuscript).Google Scholar
Josling, T. E., ‘The effects of adopting the Common Agricultural Policy’ in S., Holland (comp.), The price of Europe: a reassessment, London, The Federal Trust for Education and Research and SGS Associates (Education) Ltd, 1971.Google Scholar
Kaldor, N., (1971a), ‘The dynamic effects of the Common Market’ in Evans, D. (ed.), Destiny or delusion: Britain and the Common Market, London, Victor Gollancz, 1971.Google Scholar
Kaldor, N., (1971 b), ‘The distortions of the White Paper’, London, New Statesman, 16 July 1971.Google Scholar
Mundell, R. A., International economics, New York, Macmillan, 1968.Google Scholar
Miller, M. H. and Spencer, J., The static economic effects of the UK joining the EEC and their welfare significance, London, LSE, 1971 (mimeograph).Google Scholar
Paish, F. W., Studies in an inflationary economy, London, Macmillan, 1966.Google Scholar
Parkin, J. M., ‘Incomes policy: some further results’, Economica, vol. 38, no. 148, November 1970.Google Scholar
Pearce, I. F., International trade, books I and II, London, Macmillan, 1970.Google Scholar
Pinder, J., The economics of Europe, London, Knight, forthcoming.Google Scholar
The United Kingdom and the European Communities, London, HMSO, 1971 (Cmnd 4715).Google Scholar
J., Williamson, On estimating the income effects of British entry to the EEC, University of Surrey, Papers in Economics no. 5, June 1971.Google Scholar