Austria's EU Accession and Trade

Jarko Fidrmuc

Monetary Policy & the Economy, 2005, issue 2, 170–177

Abstract: This contribution discusses the development of Austria's trade with the European Union. First, a descriptive analysis shows that Austrian exports to the European Union were adversely affected by trade barriers during the 1980s and in the first half of the 1990s. As a result, Austria's market shares in the European Union declined steadily until 1995. Second, a gravity model for a panel of OECD countries confirms positive trade liberalization effects after the country's accession to the EU. More recently, the introduction of the euro in 1999 seems to have given a new impetus to trade flows between Austria and the countries of the euro area.

Keywords: Trade; Austria; EU Accession (search for similar items in EconPapers)
Date: 2005
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