摘要:This study presents estimates of both country-specific and panel long-run import elasticities
for EU Member States from Central, Eastern and Southeastern Europe and for Croatia and
Turkey. The results confirm (1) the existence of a strong export-import link in most of the
countries, (2) the prominent role of fixed investment in determining imports in nearly all countries,
and (3) with some exceptions, the relatively smaller role of private consumption for
imports. Furthermore, we use import elasticities to test for economic interlinkages within the
EU-27 and find that economic integration is advanced.