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analysis of the geography of trade relations (i.e. the size, the composition and the direction of exports and imports flows …) between the EU and the ENP countries. The findings of the paper illustrate the emerging patterns of trade relations among the …
Persistent link: https://www.econbiz.de/10011575752
present, however, notwithstanding recent enlargements, the intra-EU trade share on total EU exchanges is declining while the … interconnections between EU and Russia which have led to envisage the creation of a Common Economic Space or even of a free trade zone … trade links between EU, Russia and the other transition economies, offering a background for the debate on the reshaping of …
Persistent link: https://www.econbiz.de/10011492324
I investigate the effect of changing language skills on trade using an unique panel data set on spoken language. It … countries have witnessed an advancing trade integration and large changes in foreign language knowledge. I estimate a … significant and positive effect of changing common English skills on trade using the gravity model and controlling for endogeneity …
Persistent link: https://www.econbiz.de/10013342071
Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and … either directly the evolution of trade costs over time or the sensitivity of trade flows to distance in gravity models. In … their survey of the empirical trade literature, Leamer and Levinsohn (1995) conclude that the effect of distance on trade …
Persistent link: https://www.econbiz.de/10011518032
from UPS and by applying instrument variable estimation techniques. Our results reveal that distance affects trade beyond …
Persistent link: https://www.econbiz.de/10011543259
This paper reconsiders the economic explanation of EU regional policy from an evolution- ary perspective. It contrasts the neoclassical equilibrium notions of market and government failure with the prevalent evolutionary neo-Schumpeterian and Austrian-Hayekian perceptions. Based on this...
Persistent link: https://www.econbiz.de/10011479448
The paper evaluates the impact of the EU Eastern enlargement 2004 on the economic performance of border regions located at the frontier to the new member states in the East. These regions were assumed to be particularly affected by the enlargement because of their geographic proximity to the new...
Persistent link: https://www.econbiz.de/10011479481
Why are trade agreements regional? I address this question in a model of oligopoly featuring product variety. Tariffs … have the effect of manipulating a country's terms of trade and shifting profits towards the domestic market at the expense … of foreign trade partners. Countries endogenously form into regional trade agreements or global free trade in a framework …
Persistent link: https://www.econbiz.de/10011494467
Benefits of federation are in more flexible use of the social and economic potential of its subjects at wide inter-regional competition. The federal system allows to use effects of either greater economic space or more complete considering of local conditions and interests. Specificity of modern...
Persistent link: https://www.econbiz.de/10011499312
externalities in the presence of a preferential trade agreement (PTA) in a three-country world. In particular, we examine how a PTA … the several forms of PTAs, we focus on free trade areas (FTAs), where each member country chooses its external tariffs … independently. We build a three-country oligopolistic trade model by incorporating the endogenous determination of standards by …
Persistent link: https://www.econbiz.de/10011490666