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Author/Editor:
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Herderschee, Han ; Qiao, Zhaogang
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Publication Date:
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May 01, 2007
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Electronic Access:
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Free Full text
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
The paper provides quantitative estimates of the impact of the European trade agreements on trade flows. It applies both static and dynamic panel estimation techniques. The results are useful to policymakers because new intra-European trade agreements are being negotiated. In the absence of a further expansion of the European Union, estimates of alternative policies may help to clarify the policy debate. The paper also illustrates that the performance of individual countries under the trade agreements can be explained in terms of their macroeconomic environment. The conclusions are likely to be relevant to the western Balkan countries and Ukraine.
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Order a print copy
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Series:
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Working Paper No. 07/126
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Subject(s):
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Trade relations | Europe | Ukraine | Bilateral trade agreements | Customs policy | Monetary unions | Economic models
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Author's Keyword(s):
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Trade agreements | gravity model | bilateral trade | customs union | currency union |
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