Levchenko, Andrei A.; Zhang, Jing - Research Seminar in International Economics, University …
This paper investigates the welfare gains from European trade integration, and the role of comparative advantage in … in the 2000s to a counterfactual scenario in which East European countries are closed to trade. For West European … countries, the mean welfare gain from trade integration with Eastern Europe is 0.16%, ranging from zero for Portugal to 0.4% for …