The article analyses the duration of exports of individual products of former communist countries to the enlarged European Union (EU25) employing survival analysis. The results show that the duration of trade differs across EU10 and EU15 markets, for the majority of countries the length of trade is higher in EU10 markets than in the EU15 markets. The estimations suggest that differentiated products are traded for more extended periods than homogenous products. In addition, trade relationships starting with large initial sales are more likely to survive the observed five year period than those starting with small values. Finally, the estimations are robust to both markets segments.
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Paper provided by Institute of Economics, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number
0816.
Find related papers by JEL classification: F10 - International Economics - - Trade - - - General F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
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