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On the Volume and Variety of Intra-Bloc Trade in an Expanded European Union

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Abstract

This paper examines the development of exports within the expanded European Union over the period 2000-2007. The paper addresses the issues of how and why within-bloc exports have developed following accession. The paper shows that exports within CEFTA and within other accession countries have grown more quickly than those between old EU members, but that after accounting for traditional gravity determinants there has been no significant change in this behaviour following accession in 2004. As such, this is likely to reflect a natural realignment of trade patterns following the communist era, as well as the relatively stronger performance of the new entrants when compared with existing EU members. The results also indicate that much of the increase in exports within the accession countries has been due to an increase in the variety of products traded, rather than an increase in the volume of existing products.

Suggested Citation

  • Neil Foster-McGregor, 2012. "On the Volume and Variety of Intra-Bloc Trade in an Expanded European Union," wiiw Working Papers 87, The Vienna Institute for International Economic Studies, wiiw.
  • Handle: RePEc:wii:wpaper:87
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    Cited by:

    1. Gábor HUNYA & Sándor RICHTER, 2011. "Mutual trade and investment of the Visegrad countries before and after their EU accession," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2, pages 77-91, December.
    2. Tinatin Akhvlediani & Katarzyna Śledziewska, 2017. "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, University of Economics, Prague, vol. 2017(1), pages 3-18.
    3. Tinatin Akhvlediani & Katarzyna Śledziewska, . "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, University of Economics, Prague, vol. 0, pages 1-16.

    More about this item

    Keywords

    trade; intensive and extensive margins; gravity model; EU accession;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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