The Pure Effects of European Integration on Intra-EU Core and Periphery Trade
This paper analyzes the eﬀects of EU integration on intra-EU trade volumes with a special focus on trade within and between the core and the periphery countries. We find that in all phases of integration core-periphery and intra-periphery growth of trade has experienced stronger positive effects than intra-core trade. An extrapolation of the estimation results suggests that intra-periphery trade and intracore trade will intensify in course of âtypicalâ additional enlargements at the expense of core-periphery trade. This suggests that either the old core will change or a second, new one may form.
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Volume (Year): 36 (2013)
Issue (Month): 6 (06)
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