Baltic Trade Patterns and European Integration: A study of the Baltic States' integration with the EU and the effects on trade
(2012) NEKM01 20121Department of Economics
- Abstract
- Analyzing Baltic trade pattern confirms that the economic transition, following the fall of the Soviet Union, largely involves a regional integration process with western Europe. This thesis examines the trade patterns of the three Baltic States (Estonia, Latvia, Lithuania) focusing on the regional integration process with the EU. The objective is to investigate the trade relations with the EU members and five new members entering with the Baltic States in 2004, during the integration process from 1999-2009. I employ a panel gravity specification commonly used in the international trade literature. Furthermore I specify a second set of econometric specification to investigate if the Baltic States’ entrance to the EU has led to trade... (More)
- Analyzing Baltic trade pattern confirms that the economic transition, following the fall of the Soviet Union, largely involves a regional integration process with western Europe. This thesis examines the trade patterns of the three Baltic States (Estonia, Latvia, Lithuania) focusing on the regional integration process with the EU. The objective is to investigate the trade relations with the EU members and five new members entering with the Baltic States in 2004, during the integration process from 1999-2009. I employ a panel gravity specification commonly used in the international trade literature. Furthermore I specify a second set of econometric specification to investigate if the Baltic States’ entrance to the EU has led to trade creation. The results indicate that the Baltic States have seen increasing trade with the EU and the new members upon entrance in 2004, and that the regional integration has led to trade creation. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3049368
- author
- Swarting, Wiveca LU
- supervisor
- organization
- course
- NEKM01 20121
- year
- 2012
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- economic integration, trade creation, gravity model, the Baltic States, EU
- language
- English
- id
- 3049368
- date added to LUP
- 2012-09-27 11:11:12
- date last changed
- 2012-09-27 11:11:12
@misc{3049368, abstract = {{Analyzing Baltic trade pattern confirms that the economic transition, following the fall of the Soviet Union, largely involves a regional integration process with western Europe. This thesis examines the trade patterns of the three Baltic States (Estonia, Latvia, Lithuania) focusing on the regional integration process with the EU. The objective is to investigate the trade relations with the EU members and five new members entering with the Baltic States in 2004, during the integration process from 1999-2009. I employ a panel gravity specification commonly used in the international trade literature. Furthermore I specify a second set of econometric specification to investigate if the Baltic States’ entrance to the EU has led to trade creation. The results indicate that the Baltic States have seen increasing trade with the EU and the new members upon entrance in 2004, and that the regional integration has led to trade creation.}}, author = {{Swarting, Wiveca}}, language = {{eng}}, note = {{Student Paper}}, title = {{Baltic Trade Patterns and European Integration: A study of the Baltic States' integration with the EU and the effects on trade}}, year = {{2012}}, }