Breuss, Fritz; Badinger, Harald - 2004
determinants of the growth of intra-EU trade from 1960 to 2000. The results suggest that income growth was the major force …, accounting for approximately two-thirds of total growth. Trade liberalization still had a sizeable effect, while other factors … had only a little impact (income convergence, real effective exchange rate changes) or played no role (trade costs). Our …