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On the Trade Balance Effects of Free Trade Agreements between the EU-15 and the CEEC-4 Countries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Caporale, Guglielmo Maria Rault, Christophe Şova, Robert Sova, Ana Maria |
| Copyright Year | 2008 |
| Abstract | The expansion of regionalism has spawned an extensive theoretical literature analyzing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries (CEEC-4, i.e. Bulgaria, Hungary, Poland and Romania) and model their effects on trade flows by treating the agreement variable as endogenous. Our theoretical framework is the gravity model, and the econometric method used to isolate and eliminate the potential endogeneity bias of the agreement variable is the fixed effect vector decomposition (FEVD) technique. |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.1147687 |
| Alternate Webpage(s) | https://deepblue.lib.umich.edu/bitstream/handle/2027.42/64367/wp912.pdf;jsessionid=978C970F0CE68CB01791A977D5799345?sequence=1 |
| Alternate Webpage(s) | https://www.brunel.ac.uk/__data/assets/pdf_file/0004/82183/0810.pdf |
| Alternate Webpage(s) | https://doi.org/10.2139/ssrn.1147687 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |