Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128716 
Authors: 
Year of Publication: 
2001
Series/Report no.: 
WIFO Working Papers No. 167
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90ies. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite direction. Both effects are in accordance with the theoretical hypotheses. As a result, goods trade between the member countries was polarised in terms of a relative disintegration.
Subjects: 
Integration
International Trade
Multinational firms
Panel econometrics
JEL: 
C33
F14
F15
Document Type: 
Working Paper

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