Advanced

Finns det en Trump-effekt på transatlantisk handel?

Rafstedt, Lisa Nicole LU (2021) NEKH03 20202
Department of Economics
Abstract
Donald Trump has surprised the world with a different way of presidency ever since he entered as the US president 2017, especially within the trade field. Although his political actions have mainly been directed towards China, his presidency has affected several additional trade relationships by, for instance, modifying trade agreements. His divergent presidency has caused uncertainty around the world, both politically and financially. This study seeks to find an impact on the trade flow between the US and the EU at the time since Donald Trump entered as president. In order to examine this, paneldata consisting of 28 country pairs and their associated trade flows during the period 2009-2019 is used in an OLS-regression where the... (More)
Donald Trump has surprised the world with a different way of presidency ever since he entered as the US president 2017, especially within the trade field. Although his political actions have mainly been directed towards China, his presidency has affected several additional trade relationships by, for instance, modifying trade agreements. His divergent presidency has caused uncertainty around the world, both politically and financially. This study seeks to find an impact on the trade flow between the US and the EU at the time since Donald Trump entered as president. In order to examine this, paneldata consisting of 28 country pairs and their associated trade flows during the period 2009-2019 is used in an OLS-regression where the Trump-effect is captured by a dummy variable. The US is the only importer and the EU countries represent the exporters in the gravity model used for this study. The overall conclusion from the empirical analysis is that there is a negative effect on transatlantic trade since Donald Trump entered as the US president 2017. This effect is likely caused by president Trump since his entry into presidency is the major event that has occurred when it comes to the trade relationship between the US and the EU since 2017. (Less)
Please use this url to cite or link to this publication:
author
Rafstedt, Lisa Nicole LU
supervisor
organization
course
NEKH03 20202
year
type
M2 - Bachelor Degree
subject
keywords
Donald Trump, Transatlantic trade, The gravity model, Divergent presidency, Political uncertainty
language
Swedish
id
9036546
date added to LUP
2021-03-11 12:10:27
date last changed
2021-03-11 12:10:27
@misc{9036546,
  abstract     = {Donald Trump has surprised the world with a different way of presidency ever since he entered as the US president 2017, especially within the trade field. Although his political actions have mainly been directed towards China, his presidency has affected several additional trade relationships by, for instance, modifying trade agreements. His divergent presidency has caused uncertainty around the world, both politically and financially. This study seeks to find an impact on the trade flow between the US and the EU at the time since Donald Trump entered as president. In order to examine this, paneldata consisting of 28 country pairs and their associated trade flows during the period 2009-2019 is used in an OLS-regression where the Trump-effect is captured by a dummy variable. The US is the only importer and the EU countries represent the exporters in the gravity model used for this study. The overall conclusion from the empirical analysis is that there is a negative effect on transatlantic trade since Donald Trump entered as the US president 2017. This effect is likely caused by president Trump since his entry into presidency is the major event that has occurred when it comes to the trade relationship between the US and the EU since 2017.},
  author       = {Rafstedt, Lisa Nicole},
  keyword      = {Donald Trump,Transatlantic trade,The gravity model,Divergent presidency,Political uncertainty},
  language     = {swe},
  note         = {Student Paper},
  title        = {Finns det en Trump-effekt på transatlantisk handel?},
  year         = {2021},
}