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A common finding in the international trade literature is that economic integration leads to export diversification. By … documenting a positive link between adopting the European common currency and bilateral export concentration, the current work …
Persistent link: https://www.econbiz.de/10013016763
countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … scenario real export of the UK decreases by a significant 32% in the long run. Other EU countries also experience a decrease in … real export, while non-EU countries experience an increase due to trade diversion effects. Similarly, I also investigate …
Persistent link: https://www.econbiz.de/10012949559
The European Union and the Mercosur are actually negotiating an inter-regional Free Trade Area, even though the conditions of access of Latin American products to European market are relatively restrictive. In a matter of fact, the European Union's Commercial Policy is very discriminatory and is...
Persistent link: https://www.econbiz.de/10014121235
Persistent link: https://www.econbiz.de/10013435898
Historiography on European integration before 1914 has acknowledged that the level of entanglements between the European nation-states was quite advanced. Indeed, historians were able to confirm a high level of cooperation on the legal, social, technical and even political level. And yet, the...
Persistent link: https://www.econbiz.de/10012704973
Under what conditions can the European Neighbourhood Policy achieve one of its main objectives: to resolve conflicts in the European Union's neighbourhood? In the spirit of Montesquieu and Monnet, the basic hypothesis of the EU is that closer economic integration encourages governments to take...
Persistent link: https://www.econbiz.de/10009571288
The financial crisis in Europe has resulted in a new assessment of monetary and financial integration both in Europe and in Asia. Before the current crisis, regional integration in monetary and fiscal affairs including mechanisms to stabilize exchange rates enjoyed a lot of academic and...
Persistent link: https://www.econbiz.de/10010367480
This chapter discusses whether and how 'new quantitative trade models' (NQTMs) can be fruitfully applied to quantify the welfare effects of trade liberalization, thus shedding light on the trade-related effects of further European integration. On the one hand, it argues that NQTMs have indeed...
Persistent link: https://www.econbiz.de/10010411278
This paper tests the question whether the integration process in the EU has contributed to the often-observed growing dispersion of income over the regions of the EU, in the presence of convergence between the member states. We do this by introducing price convergence as an indicator of...
Persistent link: https://www.econbiz.de/10013125191
Under what conditions can the European Neighbourhood Policy achieve one of its main objectives: to resolve conflicts in the European Union's neighbourhood? In the spirit of Montesquieu and Monnet, the basic hypothesis of the EU is that closer economic integration encourages governments to take...
Persistent link: https://www.econbiz.de/10013104253