Zhang, Jing; Levchenko, Andrei A. - Society for Economic Dynamics - SED - 2011
This paper investigates the welfare gains from European trade integration, and the role of comparative advantage in … in the 2000s to a counterfactual scenario in which Eastern European countries are closed to trade. For Western European … countries, the mean welfare gain from trade integration with Eastern Europe is 0.1%, ranging from zero for Portugal to 0.35% for …