When, about twenty years ago, the Euro was created, one objective was to facilitate intra-European trade by reducing … transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling … trade effect for goods of almost 8 percent, but a much smaller effect for services trade. Digging deeper, we detect …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

This contribution discusses the development of Austria's trade with the European Union. First, a descriptive analysis … shows that Austrian exports to the European Union were adversely affected by trade barriers during the 1980s and in the … gravity model for a panel of OECD countries confirms positive trade liberalization effects after the country's accession to …