European Trade Integration in the Baltic Sea Region - a Gravity Model Based Analysis

  title={European Trade Integration in the Baltic Sea Region - a Gravity Model Based Analysis},
  author={Tiiu Paas and Egle Tafenau},
  journal={European Economics: Macroeconomics \& Monetary Economics eJournal},
  • T. Paas, Egle Tafenau
  • Published 2005
  • Geography
  • European Economics: Macroeconomics & Monetary Economics eJournal
The paper explores regional trade integration of the countries involved in the EU eastward enlargement (EU-25) processes distinguishing the possible regional trade clusters within EU-25 that may support integration of the EU-15 and the new member states. We examine whether the gravity equation based on the new trade theory describes trade integration of the EU-25 countries, and whether the results of a gravity model based analysis may be different in the case of the Baltic Sea region (BSR). The… Expand
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