Disintegration and trade in South-eastern Europe

Olivier Lamotte

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: This paper analyses the impact of disintegration of an economic union on trade patterns. Our study focuses on South-eastern Europe, which was highly fragmented during the nineties because of the dissolution of the Council of Mutual Economic Assistance (CMEA) and of the Socialist Federal Republic of Yugoslavia (SFRY). The empirics are based on the gravity equation and the estimation uses a 29-country panel database for 1993-2001. We show that despite the setting up of barriers to trade and the war, trade flows between countries of the region remained higher than explained by their economic size and mutual distance

Keywords: Disintegration; gravity equation; South-eastern Europe (search for similar items in EconPapers)
JEL-codes: F13 F15 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2003-12
New Economics Papers: this item is included in nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:j04031

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