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The Potential for Trade between Austria and Five CEE Countries. Results of a Panel Based Econometric Gravity Model

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  • Peter Egger

    (WIFO)

Abstract

In recent years, Austria's exports into several CEECs increased at double-digit rates. The increase in the importance of Austria's foreign trade with the CEECs is closely associated with the institutional, political and economic transformation process taking place in those countries. If this process can be properly fostered within the framework of the European integration, we can expect the average degree of openness of the CEECs to converge to the level prevailing in the current members of the European Union. If such a convergence process were to take place, Austria's current export growth rates would be maintained in the medium run. The economic consequences of these countries' orientation toward the European Union are estimated in a gravity model and the results presented in this issue.

Suggested Citation

  • Peter Egger, 1999. "The Potential for Trade between Austria and Five CEE Countries. Results of a Panel Based Econometric Gravity Model," Austrian Economic Quarterly, WIFO, vol. 4(1), pages 55-63, January.
    • Handle: RePEc:wfo:wquart:y:1999:i:1:p:55-63
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    References listed on IDEAS

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    1. Helpman, Elhanan, 1987. "Imperfect competition and international trade: Evidence from fourteen industrial countries," Journal of the Japanese and International Economies, Elsevier, vol. 1(1), pages 62-81, March.
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    Cited by:

    1. Elisabeth Christen & Sandra Bilek-Steindl & Christian Glocker & Harald Oberhofer, 2016. "Austria 2025 – Austria's Competitiveness and Export Potentials in Selected Markets," WIFO Studies, WIFO, number 59182.
    2. Wilfried Puwein, 2000. "Makroökonomische Aspekte von Transportkosten," WIFO Monatsberichte (monthly reports), WIFO, vol. 73(6), pages 391-403, June.
    3. AKPOILIH, Roland & FARAYIBI, Adesoji, 2015. "Determinants of Nigeria-China Bilateral Trade in Manufacturing Products," MPRA Paper 74183, University Library of Munich, Germany.

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