Everything You Always Wanted to Know About EU Membership Trade Effects But Were Afraid to Ask

Harald Oberhofer and Zhenyi Wang

No 202523, Working Papers from Center for Global Policy Analysis, LeBow College of Business, Drexel University

Abstract: This paper studies the role of dataset choices for trade policy estimates in structural gravity models. Using twelve publicly available data sources and applying alternative and commonly used dataset restrictions, we obtain 586 estimates for the EU membership trade effects from a standard structural gravity model specification. These estimates are used in a meta-regression analysis to shed light on potential sources for heterogeneity in the obtained EU membership trade effects. The meta study reveals a crucial role of domestic trade flows for the effect size of the EU membership trade effect estimate. The estimated EU trade effect is on average 20 percentage points larger in datasets that include domestic trade flows. The effect size of the EU membership trade effect estimates also vary with the time- and country coverage, across time interval and consecutive year panel data, alternative product classifications, the level of sectoral disaggregation in the data and the use of imports as alternative measure for trade flow. Alternative estimation packages do not significantly alter the effect size of our estimates for the EU membership trade effects. The paper concludes with some recommendations on data source selection and dataset restrictions.

Keywords: Trade policy; EU membership trade effects; Gravity models; meta study; meta-regression analysis. (search for similar items in EconPapers)
JEL-codes: C80 F13 F14 F15 (search for similar items in EconPapers)
Pages: 50
Date: 2025-05
New Economics Papers: this item is included in nep-eec
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.lebow.drexel.edu/sites/default/files/2 ... ow-eu-membership.pdf First version, 2025 (application/pdf)

Related works:
Working Paper: Everything You Always Wanted to Know About EU Membership Trade Effects But Were Afraid to Ask (2025)
Working Paper: Everything You Always Wanted to Know About EU Membership Trade Effects but Were Afraid to Ask (2025)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:drx:wpaper:202523

Access Statistics for this paper

More papers in Working Papers from Center for Global Policy Analysis, LeBow College of Business, Drexel University Contact information at EDIRC.
Bibliographic data for series maintained by Yoto V. Yotov ().