The impact of EC membership on portuguese exports of manufactures
The EC membership in 1986 had associated changes on Portuguese trade conditions which were greater for imports than for exports of industrial goods. The main reason for such difference being that Portugal enjoyed already an almost free access to the EC 10 and EFTA markets Ordaz (1993, p. 111) and Al...
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Format: | workingPaper |
Language: | eng |
Published: |
2022
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Subjects: | |
Online Access: | http://hdl.handle.net/10400.5/24112 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/24112 |
Summary: | The EC membership in 1986 had associated changes on Portuguese trade conditions which were greater for imports than for exports of industrial goods. The main reason for such difference being that Portugal enjoyed already an almost free access to the EC 10 and EFTA markets Ordaz (1993, p. 111) and Alvares ( 1986, p .25). The main goal of this study was to estimate the static effects of EC membership on Portuguese exports. To this end a distinction was made between residual imputation and analytical approaches. A general model of exports was adopted and to depart from pure residual imputation studies a dummy variable was introduced to capture changes in trade regimes towards Portuguese exports. The model was then used to estimate the anti-monde and the differences between actual and predicted exports were attributed to integration. |
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