The Future Development of EU Exports in a Global Context

Author
Robert Stehrer, Roman Stöllinger, Sandra Leitner
Content Type
Working Paper
Institution
Center for Social and Economic Research - CASE
Abstract
Global trade patterns are changing rapidly. Emerging economies are increasing their share of exports overall and intensifying competition in nearly all sectors. Using a gravity-based approach, this report examines the future profile of European Union (EU) world market shares at the aggregate and sectoral level. It further points towards the changing patterns of trade within the EU. Based on the results, some conclusions on EU industrial policy are drawn.
Topic
Industrial Policy, International Trade and Finance, Global Markets, Economic Growth, Trade
Political Geography
Europe, Global Focus, European Union