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- W2115771207 abstract "In current study we analyze the convergence of trade between Central and EasternEuropean countries (CEECs) and European Union (EU) during the period from 1984 to 2004. Inour extension of the theoretical framework of Helpman, Melitz and Rubinstein (2005) with heterogeneousfirms we discuss the influence of economic fundamentals and trade cost on extensiveand intensive margins of trade. Then, we use gravity model of trade to calculate potentials forCEECs trade with EU-15 countries. As a result, we develop convergence measures for CEECsexports and imports trade flows with EU-15. Moreover, we provide decomposition of trade flowson extensive and intensive margins, and construct convergence measures for each of the tradecomponents. Finally, we analyze the mechanics of trade convergence process in selected CEECs.Current paper contributes to better understanding of trade convergence patterns in Europeantransition countries, providing policy-makers in transition economies with useful insights on therole of different trade components in the convergence process." @default.
- W2115771207 created "2016-06-24" @default.
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- W2115771207 date "2007-11-06" @default.
- W2115771207 modified "2023-09-27" @default.
- W2115771207 title "On the patterns of trade convergence in European transition countries" @default.
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