IDEAS home Printed from https://ideas.repec.org/p/wii/bpaper/059.html
   My bibliography  Save this paper

Trade Flows in Southeast Europe

Author

Listed:
  • Edward Christie

Abstract

This paper seeks to give an overview of the major issues connected to international trade for the countries of Southeast Europe. In its first part the paper revisits the issues of bilateral trade patterns and trade composition in Southeast Europe and looks at recent developments in terms of trade agreements and trade facilitation within the region and between the region and the European Union. The second part of the paper deals with the specific issue of trade in services. A gravity model for trade is estimated on European bilateral services trade flows. The estimation results are then used to produce forecasts for bilateral services trade flows for the countries of Southeast Europe.

Suggested Citation

  • Edward Christie, 2004. "Trade Flows in Southeast Europe," wiiw Balkan Observatory Working Papers 59, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:bpaper:059
    as

    Download full text from publisher

    File URL: https://wiiw.ac.at/trade-flows-in-southeast-europe-dlp-3249.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Edward Christie, 2003. "Foreign Direct Investment in Southeast Europe," wiiw Working Papers 24, The Vienna Institute for International Economic Studies, wiiw.
    2. Sébastien Miroudot & Patrick Messerlin, 2004. "Trade Liberalization in South East Europe: Review of Conformity of 23 FTAs with the MoU," Sciences Po publications info:hdl:2441/8306, Sciences Po.
    3. Vasily Astrov, 2001. "Structure of Trade in Manufactured Products Between Southeast European Countries and the European Union," wiiw Balkan Observatory Working Papers 14, The Vienna Institute for International Economic Studies, wiiw.
    4. Laszlo Matyas, 1997. "Proper Econometric Specification of the Gravity Model," The World Economy, Wiley Blackwell, vol. 20(3), pages 363-368, May.
    5. Radmila Dragutinovic Mitrovic & Milena Jovičić & Miroslav Zdravkovic, 2001. "Federal Republic Yugoslavia: Trade Potentials and Comparative Advantages," wiiw Balkan Observatory Working Papers 10, The Vienna Institute for International Economic Studies, wiiw.
    6. repec:hal:wpspec:info:hdl:2441/8306 is not listed on IDEAS
    7. Edward Christie, 2001. "Potential Trade in Southeast Europe: A Gravity Model Approach," wiiw Balkan Observatory Working Papers 11, The Vienna Institute for International Economic Studies, wiiw.
    8. Fritz Breuss & Peter Egger, 1999. "How Reliable Are Estimations of East-West Trade Potentials Based on Cross-Section Gravity Analyses?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(2), pages 81-94, June.
    9. repec:hal:spmain:info:hdl:2441/8306 is not listed on IDEAS
    10. Shang-Jin Wei, 1996. "Intra-National versus International Trade: How Stubborn are Nations in Global Integration?," NBER Working Papers 5531, National Bureau of Economic Research, Inc.
    11. Paul Brenton & Francesca Di Mauro & Matthias Lücke, 2014. "Economic Integration and FDI: An Empirical Analysis off Foreign Investment in the EU and in Central and Eastern Europe," World Scientific Book Chapters, in: INTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT Empirical Studies of Trade Policies, chapter 7, pages 125-151, World Scientific Publishing Co. Pte. Ltd..
    12. Edward Christie & Vladimir Gligorov & Mario Holzner, 2004. "Infrastructural Needs & Economic Development in Southeastern Europe: The Case of Rail and Road Transport Infrastructure," wiiw Balkan Observatory Working Papers 60, The Vienna Institute for International Economic Studies, wiiw.
    13. Vladimir Gligorov & Josef Pöschl & Sandor Richter, 2004. "As East You Go, the More They Grow: Transition Economies in a New Setting," wiiw Research Reports 308, The Vienna Institute for International Economic Studies, wiiw.
    14. Edward Christie & Mario Holzner, 2004. "Household Tax Compliance and the Shadow Economy in Central and Southeastern Europe," wiiw Balkan Observatory Working Papers 38, The Vienna Institute for International Economic Studies, wiiw.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marjan Petreski, 2013. "Southeastern European Trade Analysis: A Role for Endogenous CEFTA-2006?," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(5), pages 26-44, September.
    2. Katerina Tosevska-Trpcevska & Dragan Tevdovski, 2014. "Measuring the Effects of Customs and Administrative Procedures on Trade: Gravity Model for South-Eastern Europe," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 16(1), pages 109-127, April.
    3. Matthieu Bussière & Jarko Fidrmuc & Bernd Schnatz, 2005. "Trade Integration of Central and Eastern European Countries: Lessons from a Gravity Model," Working Papers 105, Oesterreichische Nationalbank (Austrian Central Bank).
    4. Katerina TOÅ EVSKA-TRPÄŒEVSKA & Dragan TEVDOVSKI, 2016. "Trade Facilitation Indicators And Their Potential Impact On Trade Between The Countries Of South-Eastern Europe," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 63(3), pages 347-362, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vedran Sosic & Boris Vujcic, 2005. "Trade integration and Croatian accession to the European Union," Chapters in books, in: Katarina Ott (ed.), Croatian Accession to the European Union: Facing the Challenges of Negotiations, volume 3, chapter 3, pages 61-84, Institute of Public Finance.
    2. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann, 2003. "Augmented Gravity Model: An Empirical Application to Mercosur-European Union Trade Flows," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 291-316, November.
    3. Grupe, Claudia & Kušić, Siniša, 2005. "Intra-regional cooperation in the Western Balkans: under which conditions does it foster economic progress?," LSE Research Online Documents on Economics 23373, London School of Economics and Political Science, LSE Library.
    4. NOWAK-LEHMANN D., Felicitas & HERZER, Dierk & VOLLMER, Sebastian, 2007. "The Free Trade Agreement Between Chile And The Eu: Its Potential Impact On Chile’S Export Industry," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
    5. Mitze, Timo & Alecke, Björn & Untiedt, Gerhard, 2008. "Trade, FDI and Cross-Variable Linkages: A German (Macro-)Regional Perspective," MPRA Paper 12245, University Library of Munich, Germany.
    6. Martínez-Zarzoso, Inmaculada & Felicitas, Nowak-Lehmann D. & Horsewood, Nicholas, 2009. "Are regional trading agreements beneficial?: Static and dynamic panel gravity models," The North American Journal of Economics and Finance, Elsevier, vol. 20(1), pages 46-65, March.
    7. Inmaculada Martinez-Zarzoso, 2003. "Gravity model: An application to trade between regional blocs," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 31(2), pages 174-187, June.
    8. Bellak, Christian & Leibrecht, Markus & Riedl, Aleksandra, 2008. "Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 17-37, March.
    9. Jan Fidrmuc & Jarko Fidrmuc, 2003. "Disintegration and Trade," Review of International Economics, Wiley Blackwell, vol. 11(5), pages 811-829, November.
    10. Ndoc Faslia & Fran Brahimi, 2012. "Effects of the free trade agreements on the development of the agriculture sector in the Balkan region," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 4(2), pages 108-113, Decembre.
    11. Resmini, Laura & Siedschlag, Iulia, 2013. "Is foreign direct investment to China crowding out the foreign direct investment to other countries?," China Economic Review, Elsevier, vol. 25(C), pages 1-16.
    12. Di Mauro, Francesca, 2000. "Economic Integration Between The Eu And The Ceecs: A Sectoral Study," ERSA conference papers ersa00p358, European Regional Science Association.
    13. Popovici Oana Cristina, 2015. "Assessing Fdi Determinants In Cee Countries During And After Transition," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 113-122, July.
    14. Will Bartlett, 2009. "Regional integration and free-trade agreements in the Balkans: opportunities, obstacles and policy issues," Economic Change and Restructuring, Springer, vol. 42(1), pages 25-46, May.
    15. Peter Egger, 2001. "European Integration in Trade and FDI: A Dynamic Perspective," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(02), pages 30-35, October.
    16. Helena Marques & Hugh Metcalf, 2003. "Extending the EU Single Market Eastwards: Sectoral Trade and Real Wage Effects," Discussion Paper Series 2003_10, Department of Economics, Loughborough University, revised Oct 2003.
    17. Valeriano Martínez-San Román & Marta Bengoa-Calvo & Blanca Sánchez-Robles Rute, 2013. "The Trade-FDI Nexus: Evidence from the European Union," Working Papers 2013/15, Economics Department, Universitat Jaume I, Castellón (Spain).
    18. Rodrigo Sabbatini & André Luiz Correa & Celio Hiratuka, 2005. "Investimento Direto Estrangeiro E Impactos Da Alca: Uma Análise Empírica," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 075, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    19. Egger, Peter, 2000. "A note on the proper econometric specification of the gravity equation," Economics Letters, Elsevier, vol. 66(1), pages 25-31, January.
    20. Luljeta Hajderllari & Kostas Karantininis & Lartey G. Lawson, 2012. "FDI as an Export-Platform: A Gravity Model for the Danish Agri-Food Industry," IFRO Working Paper 2012/7, University of Copenhagen, Department of Food and Resource Economics.

    More about this item

    Keywords

    International trade; trade in services; gravity models; Southeast Europe;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wii:bpaper:059. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Customer service (email available below). General contact details of provider: https://edirc.repec.org/data/wiiwwat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.