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Baltic Trade Patterns and European Integration: A study of the Baltic States' integration with the EU and the effects on trade

Swarting, Wiveca LU (2012) NEKM01 20121
Department 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)
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author
Swarting, Wiveca LU
supervisor
organization
course
NEKM01 20121
year
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},
  keyword      = {economic integration,trade creation,gravity model,the Baltic States,EU},
  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},
}