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How globalised really is European trade?
Using a new set of measures of concentration of trade, I suggest that the opening up of trade to date has been greatly exaggerated. At least judging on the basis of trade concentration, agriculture and service sectors should barely be seen as globalised at all. Contrary to other recent studies, Euro...
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| Format: | Default Preprint |
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2006
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| Online Access: | https://hdl.handle.net/2134/2088 |
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| _version_ | 1818174503323172864 |
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| author | Huw Edwards |
| author_facet | Huw Edwards |
| author_sort | Huw Edwards (1250523) |
| collection | Figshare |
| description | Using a new set of measures of concentration of trade, I suggest that the opening up of trade to date has been greatly exaggerated. At least judging on the basis of trade concentration, agriculture and service sectors should barely be seen as globalised at all. Contrary to other recent studies, Europe's main economies lag behind the USA in terms of global openness, and most are behind Japan, Canada and China. The Balkans, Poland and Czech Republic are near the bottom end of the global openness league table. Since there is a strong correlation between concentration of trade and poor economic performance, this should be of concern to those countries and to the European Union. |
| format | Default Preprint |
| id | rr-article-9493334 |
| institution | Loughborough University |
| publishDate | 2006 |
| record_format | Figshare |
| spelling | rr-article-94933342006-01-01T00:00:00Z How globalised really is European trade? Huw Edwards (1250523) Other economics not elsewhere classified Globalisation Regionalisation Trade Europe Economics not elsewhere classified Using a new set of measures of concentration of trade, I suggest that the opening up of trade to date has been greatly exaggerated. At least judging on the basis of trade concentration, agriculture and service sectors should barely be seen as globalised at all. Contrary to other recent studies, Europe's main economies lag behind the USA in terms of global openness, and most are behind Japan, Canada and China. The Balkans, Poland and Czech Republic are near the bottom end of the global openness league table. Since there is a strong correlation between concentration of trade and poor economic performance, this should be of concern to those countries and to the European Union. 2006-01-01T00:00:00Z Text Preprint 2134/2088 https://figshare.com/articles/preprint/How_globalised_really_is_European_trade_/9493334 CC BY-NC-ND 4.0 |
| spellingShingle | Other economics not elsewhere classified Globalisation Regionalisation Trade Europe Economics not elsewhere classified Huw Edwards How globalised really is European trade? |
| title | How globalised really is European trade? |
| title_full | How globalised really is European trade? |
| title_fullStr | How globalised really is European trade? |
| title_full_unstemmed | How globalised really is European trade? |
| title_short | How globalised really is European trade? |
| title_sort | how globalised really is european trade? |
| topic | Other economics not elsewhere classified Globalisation Regionalisation Trade Europe Economics not elsewhere classified |
| url | https://hdl.handle.net/2134/2088 |