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GTAP Resource #2438

"EU Green Light to a New Wave of Enlargement: Implications in a CGE context"
by Lakatos, Csilla, George Baourakis and Anastasios Xepapadeas

On the dawn of the fifth round of enlargement of the European Union the question arising for both EU-skeptics and advocates: "Will it work again?" The relative success of the eight communist states that have joined the EU in 2004 is given, however the Balkan pair is different (if not backwards) in several aspects.
The paper thus examines the economic implications of Bulgaria’s and Romania’s recent accession to the EU, carried out by using the GTAP model and database.
Scenarios have been developed in order to consider this multifaceted process. In a first attempt the effects of the removal of formal trade barriers and the adoption of common external tariffs are considered and not surprisingly we find that associated impacts are not significant, given that existing barriers have been gradually removed in accordance with the Europe Agreements. Further, we take into account the so-called "value of the current preference", representing a scenario where there is a return to the MFN tariff schedule.

Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: Presented at the 10th Annual Conference on Global Economic Analysis, Purdue University, USA
Date: 2007
Created: Lakatos, C. (4/25/2007)
Updated: Lakatos, C. (11/18/2007)
Visits: 2,906
- Preferential trading arrangements
- Agricultural policies
- The GTAP Data Base and extensions
- Europe (Eastern)
- European Union

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