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The present paper is focused on the impact of introducing the common European currency on export performance. There has been a lot written about the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this research is that we explore the impact...
Persistent link: https://www.econbiz.de/10010251088
The paper studies the impact of migration policy liberalisation on international labour migration in the enlarged EU in a structural NEG approach. The liberalisation of migration policy would induce additional 1.80 - 2.98 percent of the total EU workforce to change their country of location,...
Persistent link: https://www.econbiz.de/10011524916
This paper analyzes the European integration of the Turkish industry in view of a comparative trade analysis of the Turkish economy and the EU economies. We perform a thorough depiction of the various aspects of the trade integration of Turkey, most notably in the fields of the trade patterns,...
Persistent link: https://www.econbiz.de/10013124983
Using the methodology developed in Kehoe and Ruhl (2013), I measure the change in the extensive, or new goods, margin of trade between Austria and the ten new entrants to the European Union in 2004. On average, the new goods account for 42% of the bilateral trade flow after enlargement. A time...
Persistent link: https://www.econbiz.de/10013075016
This paper aims to evaluate the trade potential of manufactured products between countries belonging to the EU in the threshold of its Eastern enlargement. For this purpose we use a Gravity model which is estimated with a Poisson Pseudo-Maximum Likelihood Method. We extend the specification of...
Persistent link: https://www.econbiz.de/10013001022
Aim/purpose - The purpose of this paper is to analyze regional trade integration of 10 Central and Eastern Europe countries (CEE-10) during the 2004-2018 period, identify regional- and country-level integration patterns and attribute them to potential causes indicated by the literature....
Persistent link: https://www.econbiz.de/10013166618
Using a multiple market model I examine the impact of euro expansion on the optimal currency denomination of external EU imports. Results suggest euro invoicing will increase more in the EU-expansion country than in the original EU. Exporting firms from dollar bloc countries (the U.S. or...
Persistent link: https://www.econbiz.de/10013155957
This paper focuses on the 2004 enlargement of the European Union to the East and treats it as a natural experiment to investigate two issues: first, whether there has been a trade creation effect in final and intermediate goods and second, to what extent this effect has been more pronounced for...
Persistent link: https://www.econbiz.de/10012837557
A common explanation for sources of conflict and delay in the WTO accession procedure is the candidate's reluctance to trade-policy reforms coupled with member governments' sensitivity to protectionist demands of domestic import-competing sectors. This paper argues that multilateral trade...
Persistent link: https://www.econbiz.de/10012733923
The aim of this paper is to verify the impact of the euro adoption on the complexity of goods in Slovenian exports. To the best knowledge of the authors, it is the first study on the consequences that the elimination of a national currency may have for that feature of trade. According to the...
Persistent link: https://www.econbiz.de/10012952840