Europe Fettered: The impact of crisis-era trade distortions on exports from the European Union

Item Type Book
Abstract

Having grown in real terms by 60% between 2000 to 2008, extra-EU exports have since stagnated. Stripping out other determinants of EU export growth, the focus here is on the impact of trade distortions imposed by foreign governments since the global economic crisis began. Our econometric analysis implies that crisis-era trade distortions held back EU Member State export growth to destinations outside of the EU by between 10-20 percentage points between 2008 and 2014. We estimate that the EU export growth deficit compared to China (amounting to on average 35 percentage points from 2008 to 2014) would have been halved in the absence of foreign trade distortions.

Authors Evenett, Simon J. & Fritz, Johannes
Language English
Subjects economics
law
political science
Institute/School SIAW - Swiss Institute for International Economics and Applied Economic Research
SEPS - School of Economics and Political Science
ES - Executive School of Management, Technology and Law
HSG Classification contribution to scientific community
HSG Profile Area SEPS - Economic Policy
Date December 2017
Publisher CEPR Press
Place of Publication London
Number of Pages 171
Depositing User David Schork
Date Deposited 18 Dec 2017 13:31
Last Modified 29 Jan 2018 15:40
URI: https://www.alexandria.unisg.ch/publications/253019

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Citation

Evenett, Simon J. & Fritz, Johannes: Europe Fettered: The impact of crisis-era trade distortions on exports from the European Union. London : CEPR Press, 2017,

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https://www.alexandria.unisg.ch/id/eprint/253019
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