Breaking up a customs union: The case of the Austro-Hungarian Empire in 1919

George de Menil and Mathilde Maurel

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Abstract: Breaking Up a Customs Union: The Case of the Austro-Hungarian Empire in 1919. — This study has used new estimates of the gravity model to analyze the effects on European trade patterns in the mid-1920s of the break-up of the Austro-Hungarian Empire and its customs union after World War I. The gravity equation has been found to explain 70 percent of the variance of the trade flows of the principal trading nations in 1924–26. Moreover, the ties between the former members of the Austro-Hungarian Empire remained stronger than any other commercial relationship in Europe. They were second only in intensity — given economic and demographic factors — to those of the British Empire.

Keywords: European trade patterns; break-up of the Austro-Hungarian Empire (search for similar items in EconPapers)
Date: 1994-09
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Citations: View citations in EconPapers (12)

Published in Review of World Economics, 1994, 130 (3), pp.553-575. ⟨10.1007/BF02707613⟩

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Journal Article: Breaking up a customs union: The case of the Austro-Hungarian Empire in 1919 (1994)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00468836

DOI: 10.1007/BF02707613

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