margin of exports. -- International Trade ; Trade Costs ; Endogenous Sunk Costs …

participation plays in this effect for 11 new European Union member states. Using heterogeneous panel cointegration methods, we …

This paper sheds light on serious methodological difficulties of employing the empiric export equation in order to … cointegration are identified as the most relevant points. It can be shown that difficulties are in part due to methodological issues … different cointegration techniques. In seven out of eleven cases a robust long-run relationship can be detected and price …