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El impacto comercial de la integración europea, 1950-2000

Luis Lanaspa (), Antonio Montañés (), Marcos Sanso Frago () and Fernando Sanz Gracia ()
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Marcos Sanso Frago: UNIVERSIDAD DE ZARAGOZA
Fernando Sanz Gracia: UNIVERSIDAD DE ZARAGOZA

No 201076, Working Papers from Fundacion BBVA / BBVA Foundation

Abstract: In this working paper the trade impact of the European integration process in assessed. To that end, two different but complementary techniques are used: the gravity equation model and time series analysis. Four main conclusions are deduced. First, the existenceof a EEC effect is clearly confirmed from 1958 to 2000. Second, the trade impact is quantitatively relevant and accounts for a non negligible part of each country s GDP. Third, the relative impact has a positive temporal trend, especially at the end of the sample period. Finally, an ex ante EEC effect is detected from 1997 for the ten countries which joined the EU in May 2004.

Keywords: EEC effect; trade impact; gravity equation; cointegration; panel data. (search for similar items in EconPapers)
Pages: 64
Date: 2007-06
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