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Trade Effects of European Union Enlargement: An Ex Post Model of Trade Between Spain and Latin America

Author

Listed:
  • Pilar Fajarnes
  • M. Thea Sinclair

Abstract

Past research on European Union (EU) enlargement has tended to neglect the effects on trade with non-preferred trading partners. This paper examines the consequences of EU enlargement on trade between Spain and the Latin American countries with which it has traditional economic and cultural ties. An important demand functions model was estimated for the period 1964-93. The country-level results showed that Spanish accession to the EU only had large adverse effects on its imports from Argentina. The results for non-agricultural products indicated a general absence of negative effects on Spanish imports. The aggregate results from the ex post model provide support for some, but not all, of the ex ante predictions of previous studies.

Suggested Citation

  • Pilar Fajarnes & M. Thea Sinclair, 1996. "Trade Effects of European Union Enlargement: An Ex Post Model of Trade Between Spain and Latin America," Studies in Economics 9602, School of Economics, University of Kent.
    • Handle: RePEc:ukc:ukcedp:9602
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    More about this item

    Keywords

    Trade; European Union Enlargement; Spain; Latin America;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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