Institutions, trade, and integration: what can be expected within the enlarged EU?

Arbeitspapier

This paper investigates the potential for a further increase in trade between the fifteen old EU members and the twelve new countries having joined in 2004 and 2007 that results from a convergence of the new members' institutions towards the level of the EU-15 in accordance with the Acquis Communautaire. To this aim we estimate a gravity model applying both static and dynamic panel data techniques and incorporate detailed variables measuring institutional quality. We conclude that there is further potential for trade resulting from the successive convergence of the new members´ institutional framework towards EU standards.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Dresden Discussion Paper Series in Economics ; No. 16/08

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Trade: General ; Economic Integration ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements ; Socialist Institutions and Their Transitions: General
• Thema: European integration ; institutions ; gravity model ; trade potential

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Fuchs, Michaela ; Wohlrabe, Klaus
• Ereignis: Veröffentlichung
• (wer): Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
• (wo): Dresden
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/36504
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ