Fidrmuc, Jarko; Fidrmuc, Jan - 2001
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three … recent disintegration episodes involving the firmer Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very … strong home bias around the time of disintegration, with intra-union trade exceeding nfirmal trade approximately 43 times in …