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.
Item Type: | Paper |
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Keywords: | Trade Integration; Schengen Agreement; Gravity |
Faculties: | Economics > Chairs |
Subjects: | 300 Social sciences > 330 Economics |
JEL Classification: | F10, F15, N74, N94 |
Language: | English |
Item ID: | 60084 |
Date Deposited: | 24. Jan 2019, 15:54 |
Last Modified: | 24. Jan 2019, 15:54 |