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The effects of integration on European goods trade with India 1992-2024

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  • Herrala, Risto

Abstract

We study empirically the impact of European integration on goods trade with India. The estimation sample covers goods trade of 41 European countries during 1992- 2024, a transformative period when European integration deepened and India joined the ranks of the world's largest economies. Using standard estimation approaches we find only weak evidence that specific types of integration alone impacted the trade partnership. Instead, the degree of integration, measured by the types of integration in which a country engaged, shows a significant positive effect on goods trade with India.

Suggested Citation

  • Herrala, Risto, 2026. "The effects of integration on European goods trade with India 1992-2024," BOFIT Policy Briefs 7/2026, Bank of Finland Institute for Emerging Economies (BOFIT).
    • Handle: RePEc:zbw:bofitb:343100
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    Keywords

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    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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