Arbeitspapier
Trade integration between Eastern and Western Europe: Politics follows the market
This paper examines to what extent Eastern Europe trade reorientation towards the West has been driven by market forces versus policies for regional integration. Hierarchical cluster analysis based on bilateral trade intensity reveals the convergence of regional trade structures to the pre-World-War II pattern. Estimates of the expected trade pattern of Eastern Europe with a gravity model predict continuing rising importance of the EU. Furthermore, the assessment of the welfare implications of preferential access to EU markets shows that beneficial effects of trade expansion are likely to outweigh possible distortions. Hence integration policies follow the facts created by the market.
- Language
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Englisch
- Bibliographic citation
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Year: 1996 ; Kiel: Institut für Weltwirtschaft (IfW)
- Classification
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Wirtschaft
- Subject
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Außenwirtschaft
Wirtschaftliche Anpassung
Gravitationsmodell
Osteuropa
Westliche Staaten
- Event
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Geistige Schöpfung
- (who)
-
Piazolo, Daniel
- Event
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Veröffentlichung
- (who)
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Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (where)
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Kiel
- (when)
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1996
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Piazolo, Daniel
- Kiel Institute of World Economics (IfW)
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Time of origin
- 1996
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