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Impacto del proceso de integración europea sobre las exportaciones de Castilla y León (1993-2007): un análisis econométrico a partir de la ecuación de gravedad/The Impact of the European Integration Process on the Exports From Castilla y León (1993-2007): An Econometric Analysis Based on the Gravity Equation

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Author Info

  • SIERRA-FERNÁNDEZ, Mª DEL PILAR

    () (Departamento de Dirección y Economía de la Empresa. Facultad de Ciencias Económicas y Empresariales. Universidad de León.)

  • MARTÍNEZ-CAMPILLO, ALMUDENA

    () (Departamento de Dirección y Economía de la Empresa. Facultad de Ciencias Económicas y Empresariales. Universidad de León.)

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    Abstract

    Este trabajo analiza el impacto del proceso de integración europea sobre el volumen de exportaciones de Castilla y León durante el período 1993-2007. La metodología utilizada se basa en la estimación de una ecuación de gravedad, que constituye una herramienta útil en la modelización de los flujos de comercio bilateral. Tras aplicar un análisis de datos de panel, los resultados indican que la riqueza del país importador y de Castilla y León, así como la distancia entre ellos, son las variables básicas de la ecuación de gravedad que mejor explican el flujo exportador analizado. Respecto a los distintos acontecimientos vinculados al proceso de integración europea, nuestros hallazgos ponen de manifiesto que ni la pertenencia del país importador a la UE, ni el hecho de compartir una moneda común, han ejercido un impacto favorable significativo sobre la cifra de exportaciones de Castilla y León. The aim of this work is to develop an econometric framework to determine the impact of the European integration process on the exports from Castilla y León during the period 1993-2007. This framework is based on the estimation of a gravity equation, which has proved a very useful tool in modelling bilateral currents of trade. After applying panel data analysis, results indicate that incomes of the importing country and Castilla y León, as well as the bilateral distance, are the main explanatory factors of export flows from this Spanish region. Regarding the different events associated to the European integration process, results suggest that the UE and UME membership of the importing country has not had a significant favorable impact on exports from Castilla y León

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    Bibliographic Info

    Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

    Volume (Year): 27 (2009)
    Issue (Month): (Diciembre)
    Pages: 783 (34 págs)

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    Handle: RePEc:lrk:eeaart:27_3_14

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    Related research

    Keywords: Exportaciones; Proceso de Integración Europea; Ecuación de Gravedad; Castilla y León ; Exports; European Integration Process; Gravity Equation; Castilla y León.;

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