Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238793 
Year of Publication: 
2011
Citation: 
[Journal:] International Econometric Review (IER) [ISSN:] 1308-8815 [Volume:] 3 [Issue:] 1 [Publisher:] Econometric Research Association (ERA) [Place:] Ankara [Year:] 2011 [Pages:] 1-24
Publisher: 
Econometric Research Association (ERA), Ankara
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.
Subjects: 
Trade
EU Countries
Gravity Equation
Border Effects
JEL: 
F11
F14
F15
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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