Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2011
impact of the agreement variable on the trade balance, exports and imports being affected in different ways, which results in …This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from …. Our estimation results indicate a positive and significant impact of EA on trade flows. However, there is an asymmetric …