Opening up International Trade with Eastern Europe

Hamilton, Carl; Winters, L. Alan; Hughes, Gordon; Smith, Alasdair

doi:10.2307/1344513

Cited by 284 publications

(128 citation statements)

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“…The trade potential of Slovakia can be estimated on the basis of gravity models (Hamilton and Winters, 1992) 19951997-20101997-20101997-2010 …”

Section: Discussionmentioning

confidence: 99%

“…Gravity models for the assessment of Eastern European trade were used by Hamilton and Winters (1992), who used this approach for the estimation of the trade potential of Eastern Europe (including the former Soviet Union). This approach prevailed for the assessment of the trade potential of Eastern Europe and was followed by Holzmann, Thimann, and Petz (1994), Baldwin (1993Baldwin ( , 1994, Holzmann and Zukowska-Gagelmann (1996), and others.…”

Section: Explanation Of Trade Volume By Gravity Modelsmentioning

confidence: 99%

“…Hamilton and Winters (1992) foresaw the level of trade with Eastern Europe several times higher than before the opening up. According to Kaminski, Wang, and Winters (1996) comparison, exports of OECD countries to Eastern Europe actually increased two to three fold between 1991 and 1994.…”

Section: Explanation Of Trade Volume By Gravity Modelsmentioning

confidence: 99%

See 2 more Smart Citations

Trade Diversion in 'Left-Outs' in Eastward Enlargement of the European Union: The Case of Slovakia

Fidrmuc

1999

Europe-Asia Studies

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I analyze three scenarios including no Eastward enlargement of the EU and the accession of Central European countries including and excluding Slovakia. The formulation of these scenarios is derived from the evidence on former relations between EU and EFTA as estimated by gravity models for total trade and major SITC one-digit commodity groups. A significant part of Slovakia's extraordinary trade relations with the Czech Republic will diminish if the country does not participate in the first wave of Eastward enlargement of the EU. These export losses can be compensated by export gains to Hungary and Poland.

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“…The trade potential of Slovakia can be estimated on the basis of gravity models (Hamilton and Winters, 1992) 19951997-20101997-20101997-2010 …”

Section: Discussionmentioning

confidence: 99%

Section: Explanation Of Trade Volume By Gravity Modelsmentioning

confidence: 99%

See 1 more Smart Citation

Trade Diversion in 'Left-Outs' in Eastward Enlargement of the European Union: The Case of Slovakia

Fidrmuc

1999

Europe-Asia Studies

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“…The essence of these models consists in comparing actual trade to the gravity-predicted or so-called "normal" level of trade, with the difference between the two capturing the trade potential. Wang and Winters (1991), Hamilton and Winters (1992), Baldwin (1993), Gross and Gonciarz (1996), Fontagné et al (1999), Nilsson (2000), and Papazoglou et al (2006) use this approach to estimate European trade potential during the 1990s. One drawback of this method is the misspecification of the gravity equation used in these models with respect to trade theory, and the sensitiveness of results upon the gravity specification employed.…”

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confidence: 99%

Border Effects and European Integration

Cheptea¹

2012

CESifo Economic Studies

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A new method for measuring trade potential from border effects is developed and applied to manufactured trade between the old fifteen European Union (EU) members and twelve Central and East European (CEE) economies. Border effects are estimated with three theoretically compatible trade specifications, and much larger trade potentials are obtained than usually predicted by standard trade potential models. Even after a decade of regional trade liberalization, the integration of CEE and EU economies is two to three times weaker than intra-EU integration, revealing a large potential for East-West European trade.

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“…By far the most popular approach to the analysis of the export performance of transition countries is that inspired by the gravity theory (Collins and Rodrik, 1991;Havrylyshyn and Pritchett, 1991;Rosati, 1992;Hamilton and Winters, 1992;Baldwin, 1994;Kaminski, Wang and Winters, 1996a;Jakab, Kovacs and Oszlay, 2001;Havrylyshyn and Al-Atrash, 1998;Egger, 2003;Fidrmuc and Fidrmuc, 2003;Bussiere, Fidrmuc and Schantz, 2005). The gravity models 4 suggest that, with the lifting of central planning restrictions on foreign trade, the transition to market economies and the independence of new countries have led to an increase and geographical restructuring in foreign trade along the lines of the gravity theory, i.e.…”

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confidence: 99%

EU Market Access and Export Performance of Transition Countries

Damijan

Rojec

2007

South East European Journal of Economics and Business

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Abstrac t A remarkable upgrading of export performance and a major re-orientation of foreign trade in favour of the EU-15 have been among the most outstanding features of the transition and EU integration processes of former socialist countries from Central, Eastern and South East Europe. This paper looks at the importance of (EU) market access for the upgrading of the export performance of these countries. Based on the empirical approach of Redding and Venables (2003), and Fugazza (2004 , it was found that market access growth represents the main determinant of export growth for transition countries. Additionally, the importance of foreign market access growth for the export growth of transition countries is constantly increasing. Market access growth, in the case of both the Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia)

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Opening up International Trade with Eastern Europe

Cited by 284 publications

References 0 publications

Trade Diversion in 'Left-Outs' in Eastward Enlargement of the European Union: The Case of Slovakia

Trade Diversion in 'Left-Outs' in Eastward Enlargement of the European Union: The Case of Slovakia

Border Effects and European Integration

EU Market Access and Export Performance of Transition Countries

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