Year: 2003
Type: preprint
Abstract: . Using the classical gravity model we try to reach a more systematic view than previously in the literature of the impact of regionalism on the intensity of mu-tual integration through trade in Europe. We find that European trade is significantly influenced by various regional agreements and intensities of trade are strongly asym-metric between the regions. EMU has a positive impact on bilateral trade intensity, and its effect on total European trade of its member countries is also significantly positive. Both between the EU and CEE countries there are, respectively, significant differences with respect to the intensity in this trade.
Author: Kari Alho
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1504103321