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Impact of Intra-European Trade Agreements, 1990-2005; Policy Implications for the Western Balkans and Ukraine

Author

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  • Zhaogang Qiao
  • Johannes Herderschee

Abstract

The paper provides quantitative estimates of the impact of the European trade agreements on trade flows. It applies both static and dynamic panel estimation techniques. The results are useful to policymakers because new intra-European trade agreements are being negotiated. In the absence of a further expansion of the European Union, estimates of alternative policies may help to clarify the policy debate. The paper also illustrates that the performance of individual countries under the trade agreements can be explained in terms of their macroeconomic environment. The conclusions are likely to be relevant to the western Balkan countries and Ukraine.

Suggested Citation

  • Zhaogang Qiao & Johannes Herderschee, 2007. "Impact of Intra-European Trade Agreements, 1990-2005; Policy Implications for the Western Balkans and Ukraine," IMF Working Papers 07/126, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:07/126
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    Cited by:

    1. Jelena Trivic & Ɓukasz Klimczak, 2015. "The determinants of intra-regional trade in the Western Balkans," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics, vol. 33(1), pages 37-66.
    2. Orszaghova, Lucia & Schudel, Willem & Dautovic, Ernest, 2014. "Intra-industry trade between CESEE countries and the EU15," Working Paper Series 1719, European Central Bank.

    More about this item

    Keywords

    Europe; Economic models; Bilateral trade; Customs policy; Monetary unions; Trade relations; Ukraine; Trade agreements; Gravity Model; Customs Union; Currency Union; customs; trade agreement;

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