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This study examines the potential for intra-Africa trade and the prospects of advancing regional economic integration through such trade. A variety of empirical models are deployed for the purpose. The analysis and model simulation results reveal the existence of significant potential for...
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Until now, amount of inter-country trade within South Asian nations have been low. While similarities in exports profile can be seen as a reason for this low value of trade it might not be a valid one, especially in presence of growing South Asian income. Intra-industry trade theory suggests...
Persistent link: https://www.econbiz.de/10010944344
Since the post war period, the EU Common Commercial Policy (CCP) has moved in two directions mainly through Preferential Trade agreements (PTAs): a ``deeper" (internal) trade integration process intended to reinforce trade relations among European countries (i.e. Custom Union, Single Market,...
Persistent link: https://www.econbiz.de/10005246542
This paper determines which are, among different type of gravity model, those best adapted to the study of the evolution of trade of several economic areas and of the heterogeneity of the behaviors of the countries constitutive of these zones (fixed effect model; random effect model; model with...
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The statistical analysis of Baltic trade flows and gravity estimates reveal that Estonia, Latvia and Lithuania have rapidly integrated into the international division of labour with a distinct EU focus. The three Baltic States have taken a road towards the EU common market which pays particular...
Persistent link: https://www.econbiz.de/10009416177
The study deals with trade benefits from the free trade agreement of the SAARC countries. It assesses the trade potential and trade creation with member and non-member countries. The gravity model has been used to measure the bilateral trade flows and to assess the trade effect for member and...
Persistent link: https://www.econbiz.de/10009422104