Intra-industry trade between CESEE countries and the EU15

Lucia Orszaghova, Willem Schudel and Ernest Dautović

No 1719, Working Paper Series from European Central Bank

Abstract: The rapid increase in intra-industry trade (IIT) between the EU15 and Central, Eastern and South-Eastern European (CESEE) countries after the collapse of the Soviet Union indicates a structural change in the nature of trade in CESEE and a new process of transition and real convergence to the EU. Using a product-level trade flows database and employing linear and non-linear panel data specifications, this paper assesses the determinants of intra-industry trade between the EU15 as the main trading block and CESEE, which are further divided into the JEL Classification: F14, F15, F10

Keywords: Central and Eastern Europe; convergence criteria; economic integration; emerging Europe; EU candidate countries; horizontal IIT; intra-industry trade; Panel data; real convergence; South-Eastern Europe; transition; vertical IIT; Western Balkan (search for similar items in EconPapers)
Date: 2014-08
New Economics Papers: this item is included in nep-int and nep-tra
Note: 1998793
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20141719

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