determinants of the growth of intra-EU trade from 1960 to 2000. The results suggest that income growth was the major force …, accounting for approximately two-thirds of total growth. Trade liberalization still had a sizeable effect, while other factors … had only a little impact (income convergence, real effective exchange rate changes) or played no role (trade costs). Our …

In a period of sluggish economic growth, the Brexit saga adds additional uncertainty to trade issues, concluding half a … and China. Especially inbound trade (from the UK to the continent) is bound to suffer from price-sensitivity effects if … tariff-related barriers are activated. The dominant outbound leg to the UK shows more variety in the trade basket, but it …

A new method for measuring trade potential from border effects is developed and applied to manufactured trade between … a theoretically compatible trade specification and much larger trade potentials are obtained than usually predicted by … standard trade potential models. Even after a decade of regional trade liberalization, the integration of CEE and EU economies …

This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing … intra and inter-industry trade as well as between trade from western and eastern Europe and we try to assess the relative … importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an …

The paper discusses the relevance of past concerns about trade and foreign direct investment diversion to the detriment …), trade resistance factors on the EU import side can be explained mainly by slow growth in Europe in the first half of the … nineties rather than by SMP-induced trade barriers. Concerning integration widening toward Central and Eastern Europe (CEE …

Building on the three-sector-hypothesis, the New Theory of Trade, and the New Economic Geography, we investigate the …