Abstract The paper shows how - using as an example the trade flows between eleven European countries and 31 OECD `reporting' countries - the result of a gravity model, in terms of potential trade, changes substantially when country heterogeneity and dynamics are taken into account. Comparing the...

Introduction -- EU Preferential Trading Arrangements: Evolution, Content and Use -- EU Preferential Margins: Measurement and Aggregation Issues -- The Gravity Model in International Trade -- Trade Impact of EU Preferential Policies: a Meta-analysis of the Literature -- Trade Impact of EU...

In this paper we study the effect of the single currency across industries for euro area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...