Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2011
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from … impact of the agreement variable on the trade balance, exports and imports being affected in different ways, which results in … a trade balance deficit in the CEEC-4. -- regionalisation ; trade flows ; trade balance ; panel data methods …