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|Title:||Intra-European Trade of Manufacturing Goods: An Extension of the Gravity Model||Authors:||VANCAUTEREN, Mark
|Issue Date:||2011||Publisher:||Econometric Research Association||Source:||International Econometric Review, 3(1). p. 1-24||Abstract:||In this paper we propose and test several extensions of the standard gravity model. This yields a specification that allows for (i) a more flexible income response; (ii) a competitiveness effect with a general and a specific component; and (iii) an alternative and consistent measure of remoteness. Those extensions were found to be significant factors to explain intra-EU trade. Next, we analyze the effect of EU harmonization of technical regulations on domestic and intra-EU trade. We find, at different levels of aggregation of the manufacturing sector, that harmonization of regulations has contributed to more intra-EU trade, but, apparently did not affect the so-called border effect.||Document URI:||http://hdl.handle.net/1942/12283||ISSN:||1308-8793||Category:||A1||Type:||Journal Contribution||Validations:||vabb 2012|
|Appears in Collections:||Research publications|
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