Abstract
The Schengen agreement has guaranteed unchecked travel across internal EU borders since 1995. Has it also facilitated trade flows? Our econometric analysis suggests that Schengen has boosted trade by 3% on average (equivalent to a drop in tariffs by 0.7 percentage points). Goods trade is more robustly affected than services, and peripheral countries benefit more than central ones.
Dokumententyp: | Paper |
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Keywords: | Trade Integration; Schengen Agreement; Gravity |
Fakultät: | Volkswirtschaft > Lehrstühle |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
JEL Classification: | F10, F15, N74, N94 |
Sprache: | Englisch |
Dokumenten ID: | 60084 |
Datum der Veröffentlichung auf Open Access LMU: | 24. Jan. 2019, 15:54 |
Letzte Änderungen: | 24. Jan. 2019, 15:54 |