This paper examines the effect of the two most recent European Union enlargements on CEECs trade of intermediate and final products separately. A theoretically justified gravity model which incorporates the extensive margin of trade and accounts for firm heterogeneity is estimated using highly...

Based on the gravity model of international trade, this paper initially analyzes North Korea's international trade pattern, which tends to follow the prediction of the gravity model: a positive relationship between trade and trading partners' GDP, and negative relationship between trade and...

Different theoretical and empirical studies lead to the different results. Different theories suggest a positive as well as a negative relation between the terms-of-trade and trade balance. The traditional Keynesian Harberger-Laursen-Metzler effect of the terms-of-trade on the trade balance is...

In the post-accession period, a common feature of the international agri-food trade of the new Member States was a significant increase in the volume and value of export and import flows, thus contributing to the increase in intra- and extra-Community trade. Despite these increases in total...

Barriers to international trade are more sizeable than can be accounted for on the basis of formal trade barriers and transport costs alone. Search costs in the international marketplace and insecurity of property and contract enforcement have recently been stressed to explain this observation....

I investigate the effect of changing language skills on trade using an unique panel data set on spoken language. It tracks over thirty, mostly European, countries from the mid-90s to the beginning of the 2010s. In this period, European countries have witnessed an advancing trade integration and...

Since the EU accession, Romania's agrifood trade increased significantly, in both volume and value terms. Although the old free trade agreements, that have been in force for the last 15 years, were discontinued when it joined the Single Market, Romania continued its trade relations with its...

Although the international milk market has registered a permanent demand increase, in the analyzed period (2002-2012), the dairy products export made by Romania, have registered relatively modest values, in meeting the demand. In this period, the Romanian trade with dairy products has known an...

Agriculture occupies an important place in the Romanian economy, helping to provide food to the population from internal sources and facilitating links with secondary sectors. In recent years, the grain sector has seen a trend of growth in areas cultivated with rapeseed among the farm, this...

The purpose of this study is to identify solutions for increasing agricultural production of animal origin, with the aim of decreasing the share of imports in total supply of the market and ensuring, accordingly, a high level of food self-sufficiency. The overarching research question is: Which...