Economic Effects Of Cee Countries Integration Into The European Union
AbstractThe integration of Central and Eastern Europe (CEE) countries into theEuropean Union is supposed to bring them significant benefits. Along with the effects comingfrom changes in tariffs, accession to the EU internal market and free labor movement onGDP, consumption and terms of trade, the absorption of EU funds could help the process ofconvergence and catching up. Discussing the results of two "extreme" scenarios (fullabsorption of funds or non absorption at all, assumptions considered as not realistic) by theapplication of HEROM model for Romania, the study attempt to assess the impact of EUstructural funds on foreign trade development, under the circumstances of differentabsorption rates, finding a stronger impact on exports compared with imports. However,adverse effects of the current international financial crisis could occur, affecting also theprospects for the Romanian economy.
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Bibliographic InfoArticle provided by Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia in its journal Annales Universitatis Apulensis Series Oeconomica.
Volume (Year): 2 (2008)
Issue (Month): 10 ()
Contact details of provider:
Economic integration; EU policy of economic and social cohesion; structural funds; absorption capacity; economic development; macroeconomic modeling and forecasting.;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
- F15 - International Economics - - Trade - - - Economic Integration
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Brown, D. & Deardorff & A. & Djankov, S. & Stern, R., 1995.
"An Economic Assessment of the Integration of Czechoslovakia, Hungary and Poland into the European Union,"
8, American Institute for Contemporary German Studies-.
- Deardoff, A.V. & Brown, D.K. & Stern, R.M. & Djankov, S.D., 1995. "An Economic Assessment of the Integration of Czechoslovakia, Hungary, and Poland into the Europan Union," Working Papers 380, Research Seminar in International Economics, University of Michigan.
- Baldwin, Richard, 1993.
"A Domino Theory of Regionalism,"
CEPR Discussion Papers
857, C.E.P.R. Discussion Papers.
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