The Analysis of EU Trade Policies

A special issue of Social Sciences (ISSN 2076-0760). This special issue belongs to the section "Social Economics".

Deadline for manuscript submissions: closed (30 May 2019) | Viewed by 5106

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Guest Editor
Department of Economics, University of Molise, 86100 Campobasso, Italy
Interests: international trade theory and policy; gravity model of international trade; financial markets, firm internationalization; economics growth; applied econometrics
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Special Issue Information

Dear Colleagues,

In recent years, trade policy reforms and changes in the structure of protection have become increasingly contentious, so that detailed trade policy information and quantitative analysis are more necessary now than they have ever been.

The aim of this Special Issue is to assess the effectiveness of important European Union trade policies and the factors which may reduce or enhance them.

The new evidence generated on the impact of EU trade policies and the recent advancement of gravity models, often referred to as the workhorse in international trade, to assess the implications of trade policies are more easily available well beyond the boundaries of the scientific community.

This Special Issue in an open access journal intends to reach the relevant actors involved in trade policy design and implementation in the public sector and policy makers, as well as all stakeholders potentially interested in the results. Nevertheless, the target readership of the Special Issue is even broader, as it aims to provide a valuable tool for graduate teaching and for students with an interest in trade policy and in the gravity models.

The results of this Special Issue will serve to debunk some of the most widespread criticisms of EU trade policy. In addition, the research papers in this issue will critically review recent developments and make suggestions for promising future research.

Prof. Maria Cipollina
Guest Editor

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Keywords

  • EU Trade Policy
  • Preferential Trade Agreements
  • Theoretical Gravity Model
  • Structural Gravity Models
  • Trade Cost Elasticity
  • Sectoral Trade Flows

Published Papers (1 paper)

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Research

15 pages, 1464 KiB  
Article
The Trade Impact of EU Tariff Margins: An Empirical Assessment
by Maria Cipollina and Luca Salvatici
Soc. Sci. 2019, 8(9), 261; https://doi.org/10.3390/socsci8090261 - 12 Sep 2019
Cited by 2 | Viewed by 4677
Abstract
This article provides an assessment of how the EU trade policies affect EU imports. The main contribution is that we compute a theoretically consistent measure of the EU tariff margin and estimate the elasticities of substitution at the sectoral level, using a structural [...] Read more.
This article provides an assessment of how the EU trade policies affect EU imports. The main contribution is that we compute a theoretically consistent measure of the EU tariff margin and estimate the elasticities of substitution at the sectoral level, using a structural gravity model that includes domestic trade flows. Our analysis is related to the most recent gravity literature and the identification strategy is based on the existence of a sufficient variation of the tariffs applied by the EU to different markets of origin. We use cross-section data (more than 5000 tariff lines and 188 exporters, including the EU28 Member States, in the year 2017), to obtain structural gravity estimates of trade substitution elasticities. Since tariffs greatly differ by product, an in-depth analysis should take place at the tariff line. Moreover, we use the information provided by the Eurostat Comext database on the tariff regime of imports, so we distinguish the Most Favored Nation (MFN) from the preferential trade flows. The estimated elasticities can be used to calculate the counterfactual change in total EU imports that would follow either from the removal of trade preferences or from the removal of trade policies. Full article
(This article belongs to the Special Issue The Analysis of EU Trade Policies)
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