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Trade activity between the EU and its neighboring countries: Trends and potential

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  • K. Dimitris
  • Am Pinna

Abstract

The objective of the paper is to examine whether trade activity intensifies over time as the outcome of signed bilateral trade agreements. Focusing on (the trade component of) the European Neighborhood Policy, the paper conducts an in-depth study of trade activity between the EU and its neighboring countries, attempting to offer a detailed analysis in terms of trade patterns and to investigate whether proximity is combined with higher trade flows, within the framework of a free trade agreement. The analysis utilizes data derived from BACI database and covers the period from 1995 to 2011. The findings of the paper indicate that there is a lot of potential for the expansion of trade activity between the EU and its neighboring countries and accentuate the crucial determinants in this direction.

Suggested Citation

  • K. Dimitris & Am Pinna, 2013. "Trade activity between the EU and its neighboring countries: Trends and potential," Working Paper CRENoS 201320, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:201320
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    Cited by:

    1. Riccardo Crescenzi & George Petrakos, 2016. "The European Union and its neighboring countries: The economic geography of trade, Foreign Direct Investment and development," Environment and Planning C, , vol. 34(4), pages 581-591, June.
    2. George Petrakos & Maria Tsiapa & Dimitris Kallioras, 2016. "Regional inequalities in the European Neighborhood Policy countries: The effects of growth and integration," Environment and Planning C, , vol. 34(4), pages 698-716, June.
    3. Dimitris Kallioras & George Petrakos & Maria Tsiapa, 2021. "The Geography of Trade Among the European Union and the European Neighborhood Policy Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 3-18.

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    More about this item

    Keywords

    EU; ENP; neighboring countries; trade; trends; potential;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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