GTAP Resources: Resource Display
| GTAP Resource #2532 |
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"The economic effects of Croatia's accession to the European Union" by Lejour, Arjan, Andrea Mervar and Gerard Verweij Abstract We explore the economic implications of the possible accession of Croatia to the European Union. We focus on two main changes associated with the EU-membership: accession to the internal European Market and institutional reforms in Croatia triggered by the EU-membership. consumption per capita in Croatia is estimated to rise by about 2.5% as a result of accession to the internal market. In particular the textile and wearing apparel sectors expand. If Croatia succeeds in reforming its domestic institutions in response to the EU-membership, income levels in Croatia could increase even more. In particular, tentative estimates suggest that GDP per capita in Croatia could even rise by additional 8%. Overall, the macroeconomic implications for the existing EU countries are negligible. Key words: Regional economic integration; General equilibrium model; Gravity equations; Institutional reform; Croatia JEL code: F13, F15 |
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- Preferential trading arrangements - Europe (Eastern) |
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Public Access  GTAP Resource 2532 (215.4 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
