The Future Development of EU Exports in a Global Context
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.
This working paper is a part of the CASE 25th Anniversary Papers series which features papers from the CASE 25th Anniversary Conference “The Future of Europe” (November 17-18, 2016). CASE 25th Anniversary Papers are sponsored by Narodowy Bank Polski, the patron of the conference.