期刊名称：Dresden Discussion Paper Series in Economics / Dresden University of Technology, Faculty of Business Management and Economics
印刷版ISSN：0945-4829
出版年度：2008
卷号：1
出版社：Dresden
摘要：This paper investigates the potential for a further increase in trade between the fifteen old EU members and the twelve
new countries having joined in 2004 and 2007 that results from a convergence of the new members' institutions towards
the level of the EU-15 in accordance with the Acquis Communautaire. To this aim we estimate a gravity model
applying both static and dynamic panel data techniques and incorporate detailed variables measuring institutional
quality. We conclude that there is further potential for trade resulting from the successive convergence of the new
members¡ä institutional framework towards EU standards.
