EU Enlargement to the East and its Impact on Non-accessing Countries, Applied General Equilibrium Analysis

Eromenko, Igor (2002): EU Enlargement to the East and its Impact on Non-accessing Countries, Applied General Equilibrium Analysis. Published in: Journal of European Economy , Vol. 1, No. 3 (December 2002): pp. 279-296.

Abstract

In March 1998, the EU formally launched accession negotiations with a number of countries. In this process there is a danger that countries of the new EU will switch to the trade inside the Union and non-accessing countries will face isolation, locking at the trade between them and lacking flows of foreign capital and new technologies, which can lead to the further gap in the regional development. Above all it concerns Former Soviet Union countries and in the paper the author investigates this issue. For this purpose the author employs Computable General Equilibrium Model, developed by Global Trade Analysis Project (USA). Database for the model is GTAP 4, in current research it was aggregated into 5 regions and 8 sectors of economy.

• Item Type: MPRA Paper
• Language: English
• Keywords: regional integration; EU enlargement; Computable General Equilibrium model; GTAP; FSU countries
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C68 - Computable General Equilibrium Models; F - International Economics > F1 - Trade > F15 - Economic Integration; F - International Economics > F1 - Trade > F17 - Trade Forecasting and Simulation; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O24 - Trade Policy ; Factor Movement Policy ; Foreign Exchange Policy

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