,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on … average, depending on the presumed trade elasticity. However, remote regions may face initial welfare losses of up to 4 … of trade barriers in Europe has led to a more homogeneous spatial distribution of economic activity. With regard to the …

The European Union and Japan have recently launched negotiations about a bilateral free trade agreement as means of … economic stimulation, with trade as a driving force to create growth and wealth. Since customs duties are already low, the … to shed light on two possible liberalization scenarios, a less ambitious and a comprehensive trade liberalization. In …

been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc … to theoretically unmotivated attempts to allow for both complete and incomplete specialization influences on gross trade … patterns. This view reveals that countries' multilateral specialization incentives drive bilateral trade, corresponding to and …

The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large …; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for … new and ambitious trade agreements following Brexit, but has not been explicit what type of trade agreements it envisions …

We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …

This paper estimates the effects of the EU enlargements in the 2000s for trade in parts and components and trade in … final goods separately. A gravity model is applied to disaggregated trade data over the period 1999-2009 for trade between …-data framework. We find a positive and significant effect of the EU-accession on CEECs trade in intermediate and final goods. The …

model to estimate the effects of deep and shallow free trade agreements for the Eastern Partnership states with Russia and … significantly from free trade agreements with the EU, but gain little if anything from free trade agreements with Russia …

– horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of … investment flows over the period 1995-2009. We capture trade integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …