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| Paas, Tiiu; Tafenau, Egle. |
| The paper explores regional trade integration of the countries involved in the EU eastward enlargement (EU-25) processes distinguishing the possible regional trade clusters within EU-25 that may support integration of the EU-15 and the new member states. We examine whether the gravity equation based on the new trade theory describes trade integration of the EU-25 countries, and whether the results of a gravity model based analysis may be different in the case of the Baltic Sea region (BSR). The gravity models are estimated based on panel data for the years 1993 to 2002. The results of our analysis indicate that the BSR is forming an exception within EU-25. The BSR trade cannot be explained as much with New Trade Theories as in the case of the whole EU. The... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Gravity models; International trade; Regional integration; Baltic Sea region; International Relations/Trade; F15; R1; C5. |
| Ano: 2005 |
URL: http://purl.umn.edu/26263 |
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| Paas, Tiiu. |
| The paper is inviting a reader to think to what extent we can use the knowledge resulting from laws of nature for exploring economic processes. In order to look for the answers on this question, the paper is going to explore international trade flows between the Baltic Sea region countries using a gravity approach. Attention is paid to analyzing forces that attract foreign trade flows and to exploring the influence of distance as an indicator that expresses both transportation costs and cultural proximity of the countries. The results of modeling support the statement that the size of economy has statistically significant and positive influence on the bilateral trade relations of the region. The influence of economic development level that is expressed by... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International trade; Gravity models; Baltic Sea region; International Relations/Trade; F10; C10. |
| Ano: 2002 |
URL: http://purl.umn.edu/26379 |
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| Paas, Tiiu. |
| The paper aims to explore international trade flows of the countries involved in the EU eastward enlargement processes - the current EU members (EU15) and the candidate countries (CC12). The empirical results of the study allow us to conclude that the behaviour of bilateral trade flows within the countries involved in EU eastward enlargement accords to the normal rules of gravitation, having statistically significant spatial biases caused by the trade relations, between the Baltic Sea Region (BSR) countries (the BSR bias), the border countries (the border bias) and the EU member and candidate countries (the East-West bias). The East-West trade relations are still rather weakly developed and there is a statistically significant difference in international... |
| Tipo: Working or Discussion Paper |
Palavras-chave: EU enlargement; The Baltic Sea Region; Integration; International trade; Gravity models; International Relations/Trade; F15; C5; R15. |
| Ano: 2003 |
URL: http://purl.umn.edu/26223 |
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