EU country and EFTA country export differences
This research seeks to analyze the export differences facing countries in the EU and EFTA. This is firstly to analyze the effects on international trade of the trade bloc of the European Union (EU), and secondly the European Free Trade Association (EFTA), and provide a comparison of these two. This...
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2021
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Online Access: | http://hdl.handle.net/10419/239563 https://doi.org/10.3390/jrfm14040147 |
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ftzbwkiel:oai:econstor.eu:10419/239563 2023-12-10T09:49:51+01:00 EU country and EFTA country export differences Guðmundur Kristján Óskarsson Helga Kristjánsdóttir 2021 http://hdl.handle.net/10419/239563 https://doi.org/10.3390/jrfm14040147 eng eng Basel: MDPI gbv-ppn:1759781584 Journal: Journal of Risk and Financial Management ISSN: 1911-8074 Volume: 14 Year: 2021 Issue: 4 Pages: 1-8 Basel: MDPI doi:10.3390/jrfm14040147 http://hdl.handle.net/10419/239563 https://creativecommons.org/licenses/by/4.0/ ddc:330 international trade EU geographic distance UK doc-type:article 2021 ftzbwkiel https://doi.org/10.3390/jrfm14040147 2023-11-13T00:42:44Z This research seeks to analyze the export differences facing countries in the EU and EFTA. This is firstly to analyze the effects on international trade of the trade bloc of the European Union (EU), and secondly the European Free Trade Association (EFTA), and provide a comparison of these two. This research seeks to analyze exports determinants to answer these two questions. There are two countries selected for this study, the small EFTA country Iceland, and the large EU country UK, before BREXIT. We apply a gravity model in our econometric analysis, with exports dependent on the gross domestic product, population, and geographic distance. We estimate these effects on the exports of both the UK and Iceland in separate equation systems. We conclude that exports from the UK, before BREXIT, are more negatively affected by geographical distance than exports for the EFTA country Iceland, when corrected for gross domestic product and population size. Article in Journal/Newspaper Iceland EconStor (German National Library of Economics, ZBW) Journal of Risk and Financial Management 14 4 147 |
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Open Polar |
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EconStor (German National Library of Economics, ZBW) |
op_collection_id |
ftzbwkiel |
language |
English |
topic |
ddc:330 international trade EU geographic distance UK |
spellingShingle |
ddc:330 international trade EU geographic distance UK Guðmundur Kristján Óskarsson Helga Kristjánsdóttir EU country and EFTA country export differences |
topic_facet |
ddc:330 international trade EU geographic distance UK |
description |
This research seeks to analyze the export differences facing countries in the EU and EFTA. This is firstly to analyze the effects on international trade of the trade bloc of the European Union (EU), and secondly the European Free Trade Association (EFTA), and provide a comparison of these two. This research seeks to analyze exports determinants to answer these two questions. There are two countries selected for this study, the small EFTA country Iceland, and the large EU country UK, before BREXIT. We apply a gravity model in our econometric analysis, with exports dependent on the gross domestic product, population, and geographic distance. We estimate these effects on the exports of both the UK and Iceland in separate equation systems. We conclude that exports from the UK, before BREXIT, are more negatively affected by geographical distance than exports for the EFTA country Iceland, when corrected for gross domestic product and population size. |
format |
Article in Journal/Newspaper |
author |
Guðmundur Kristján Óskarsson Helga Kristjánsdóttir |
author_facet |
Guðmundur Kristján Óskarsson Helga Kristjánsdóttir |
author_sort |
Guðmundur Kristján Óskarsson |
title |
EU country and EFTA country export differences |
title_short |
EU country and EFTA country export differences |
title_full |
EU country and EFTA country export differences |
title_fullStr |
EU country and EFTA country export differences |
title_full_unstemmed |
EU country and EFTA country export differences |
title_sort |
eu country and efta country export differences |
publisher |
Basel: MDPI |
publishDate |
2021 |
url |
http://hdl.handle.net/10419/239563 https://doi.org/10.3390/jrfm14040147 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
gbv-ppn:1759781584 Journal: Journal of Risk and Financial Management ISSN: 1911-8074 Volume: 14 Year: 2021 Issue: 4 Pages: 1-8 Basel: MDPI doi:10.3390/jrfm14040147 http://hdl.handle.net/10419/239563 |
op_rights |
https://creativecommons.org/licenses/by/4.0/ |
op_doi |
https://doi.org/10.3390/jrfm14040147 |
container_title |
Journal of Risk and Financial Management |
container_volume |
14 |
container_issue |
4 |
container_start_page |
147 |
_version_ |
1784894567976271872 |