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Impact of European Integration Process in Spain

Author

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  • Almudena Martinez-Campillo
  • Mª del Pilar Sierra-Fernández

Abstract

This paper analyzes the effect of the European Economic and Monetary Union on export flows from a Spanish region (Castilla y León) to the EU-27 countries during the last years Applying static panel data estimation technique, this study finds that exporter and importer incomes, exporter population, distance, and a common land border are the main explanatory factors of exports from this Spanish region. Moreover, the EU membership of the importer country only caused positive and significant effects between 1994 and 1996, whereas the EMU membership reduced export flows from Castilla y León to the European countries during the whole period.

Suggested Citation

  • Almudena Martinez-Campillo & Mª del Pilar Sierra-Fernández, 2012. "Impact of European Integration Process in Spain," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 57-80.
    • Handle: RePEc:ers:journl:v:xv:y:2012:i:2:p:57-80
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    File URL: http://www.ersj.eu/repec/ers/papers/12_2_p5.pdf
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    References listed on IDEAS

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    Cited by:

    1. Mojmír Helísek, 2013. "Export Potential of SMEs and Euro Adoption in the Czech Republic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 71-78.
    2. repec:ers:journl:v:xvi:y:2013:i:sisme:p:71-78 is not listed on IDEAS

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    More about this item

    Keywords

    European Economic and Monetary Union; Exports; Panel Data Analysis;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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