Factors of trade in Europe

0437418 - NHU-C 2015 RIV NL eng J - Journal Article
Hanousek, Jan - Kočenda, Evžen
Factors of trade in Europe.
Economic Systems. Roč. 38, č. 4 (2014), s. 518-535. ISSN 0939-3625. E-ISSN 1878-5433
R&D Projects: GA ČR(CZ) GAP403/12/0080
Grant - others:UK(CZ) UNCE 204005/2012
Institutional support: PRVOUK-P23
Keywords : bilateral trade * factors of trade * panel data
Subject RIV: AH - Economics
Impact factor: 0.649, year: 2014

We analyze how a set of determinants affect trade among European countries over the period 1992–2008. The factors encompass variables from the areas of geography, culture, institutions, infrastructure, and trade direction. Trade is analyzed for four types of goods: primary goods, parts and components, capital goods, and consumer goods. For each type of good we also distinguish its definition in terms of flows, intensive margin, and extensive margin. Methodologically, we first derive country-pair fixed effects over all possible pairs of export–import partners, and in the second stage we relate fixed effects with a set of influential factors.
Permanent Link: http://hdl.handle.net/11104/0241041