GTAP Resources: Resource Display
GTAP Resource #72 |
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"CEEC (Central and Eastern European Countries) Accession to the EU: A General Equilibrium Analysis" by Liapis, Peter and Marinos Tsigas Abstract This chapter examines the economic implications of European Union enlargement on EU members, the United States, and the rest of the world. Our findings include the following: economic welfare in the enlarged EU may improve, due mainly to improved terms-of-trade for the Union; extension of the CAP to agricultural producers in the new member countries may cause a substantial increase in the CAP budget; further reforms in the CAP may lead to a welfare improvement for the European Union but they may not reduce substantially transfers to new member countries; the economy-wide impact for the United States may be positive and small; agricultural producers in the United States, however, may be hurt. |
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- Calibration and parameter estimation |
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Public Access No documents have been attached. Restricted Access No documents have been attached. Special Instructions The URL for this report is http://www.ers.usda.gov/Publications/AER771/. |
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Last Modified: 9/15/2023 1:05:45 PM