What has determined the rapid post-war growth of intra-EU trade?

Resource Information

The work What has determined the rapid post-war growth of intra-EU trade? represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

What has determined the rapid post-war growth of intra-EU trade?

Creator

• Badinger, Harald, 1974-

Contributor

• Wirtschaftsuniversität Wien, Europainstitut
• Breuss, Fritz, 1944-

Language

eng

Summary

Based on the gravity model by Baier and Bergstrand (2001), we use a static and dynamic panel data approach to estimate the relative contributions of income growth, income convergence, and the reductions in tariffs and trade costs to the growth of intra-EU trade over the period 1960 to 2000. The results suggest that income growth was the major force, accounting for approximately two third of total growth. Trade liberalization still had a sizeable effect, accounting de facto for the rest of growth, while income convergence played only a minor role. Reductions in trade costs had no significant effect on the growth of intra- EU trade. The results turn out as robust against several robustness checks and the use of alternative estimators

Member of

• EI working paper, 48
• IEF working paper, 48

Cataloging source

IT-FiEUI

Index

no index present

Literary form

non fiction

Nature of contents

dictionaries

Series statement

EI working papers

Series volume

48