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The impact of regionalism on trade in Europe

Authors: Alho, Kari;

The impact of regionalism on trade in Europe

Abstract

Käyttäen klassista ulkomaankauppaa selittävää gravitaatiomallia tavoitteena tässä tutkimuksessa on saada aiempaa systemaattisempi kuva siitä, mikä vaikutus Euroopan taloudellisella arkkitehtuurilla, eli EU:n sisämarkkinoilla, EMUlla, Eurooppa-sopimuksilla, EU:n ja EFTA-maiden välisillä suhteilla sekä bilateraalisilla Venäjä-suhteilla on keskinäiseen integraatioon ulkomaankaupan välityksellä. Tulokseksi saadaan, että Euroopan eri alueellisilla taloudellisilla järjestelyillä on merkittävä vaikutus kaupan intensiteettiin ja että intensiteetit ovat selvästi asymmetrisiä alueiden välillä. EMUlla on positiivinen vaikutus alueen sisäiseen kauppaan ja myös sen kokonaisvaikutus jäsenmaidensa kauppaan Euroopassa on merkitsevästi positiivinen. Sekä EU- että KIE-maiden kesken on merkittäviä eroja kaupan intensiteetin suhteen keskinäisessä kaupassa.

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 mutual integration through trade in Europe. We find that European trade is significantly influenced by various regional agreements and intensities of trade are strongly asymmetric 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. – Trade ; EU ; EMU ; CEE ; gravity model

Keywords

EMU, ddc:330, F15, KIE-maat, Ostmitteleuropa, Handelsregionalismus, Europäische Wirtschafts- und Währungsunion, gravitaatiomalli, F10, EU-Staaten, Ulkomaankauppa, EU, Gravitationsmodell

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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