IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2018i4p467-479.html
   My bibliography  Save this article

Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports

Author

Listed:
  • Dimitar Hadjinikolov

    (University of National and World Economy, Sofia, Bulgaria)

  • Paskal Zhelev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

In December 2015 the European Union reached an agreement on a free trade deal with Vietnam (EVFTA) that will contribute to further market access by eliminating nearly all tariffs on goods traded between the two economies. This paper aims to analyze the impact of EVFTA on Bulgaria’s exports to Vietnam. To this end, we calculate relevant trade indicators and employ a partial equilibrium model by using the Software on Market Analysis and Restrictions on Trade. The results show that EVFTA will provide opportunities for increase of Bulgaria’s exports to Vietnam with the highest positive impact on the products from the food, chemical and textile industries.

Suggested Citation

  • Dimitar Hadjinikolov & Paskal Zhelev, 2018. "Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 467-479, December.
    • Handle: RePEc:nwe:eajour:y:2018:i:4:p:467-479
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/uploads/Alternatives/2_EA_4_2018_en.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Parikh, Ashok & Stirbu, Corneliu, 2004. "Relationship Between Trade Liberalisation, Economic Growth and Trade Balance: An Econometric Investigation," Discussion Paper Series 26267, Hamburg Institute of International Economics.
    2. Mia Mikic & John Gilbert, 2007. "Trade Statistics In Policymaking - A Handbook Of Commonly Used Trade Indices And Indicators," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2491, April.
    3. Zhelev, Paskal, 2018. "Bulgarian-Chinese economic relations in the context of 16+1 Cooperation," MPRA Paper 104599, University Library of Munich, Germany.
    4. Gabriel Felbermayr & Fukunari Kimura & Toshihiro Okubo & Marina Steininger & Erdal Yalcin, 2017. "On the economics of an EU-Japan Free Trade Agreement," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 86.
    5. Svoboda Tosheva, 2011. "Bulgaria’S Trade And Economic Relations With The Developing Countries: Some Aspects And Perspectives," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 7(1), pages 72-78.
    6. Parikh, Ashok & Stirbu, Corneliu, 2004. "Relationship between Trade Liberalisation, Economic Growth and Trade Balance: An Econometric Investigation," HWWA Discussion Papers 282, Hamburg Institute of International Economics (HWWA).
    7. Iliyan Mateev, 2005. "Economic Relations of the European Union with East Asian Countries," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 80-94.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hakimi, Abdelaziz & Hamdi, Helmi, 2016. "Trade liberalization, FDI inflows, environmental quality and economic growth: A comparative analysis between Tunisia and Morocco," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 1445-1456.
    2. Adams, Samuel & Klobodu, Edem Kwame Mensah, 2016. "Remittances, regime durability and economic growth in Sub-Saharan Africa (SSA)," Economic Analysis and Policy, Elsevier, vol. 50(C), pages 1-8.
    3. Parikh, Ashok, 2004. "Relationship between Trade Liberalisation, Growth and Balance of Payments in Developing Countries: An Econometric Study," HWWA Discussion Papers 286, Hamburg Institute of International Economics (HWWA).
    4. Parikh, Ashok, 2004. "Relationship between Trade Liberalisation, Growth and Balance of Payments in Developing Countries: An Econometric Study," Discussion Paper Series 26212, Hamburg Institute of International Economics.
    5. Vatcharin Sirimaneetham, 2006. "What drives liberal policies in developing countries?," Bristol Economics Discussion Papers 06/587, School of Economics, University of Bristol, UK.
    6. L. G. Burange & Rucha R. Ranadive & Neha N. Karnik, 2019. "Trade Openness and Economic Growth Nexus: A Case Study of BRICS," Foreign Trade Review, , vol. 54(1), pages 1-15, February.
    7. Bekele, Yetsedaw Emagne, 2017. "Exploring the Relationship between Trade Liberalization and Ethiopian Economic Growth," MPRA Paper 83584, University Library of Munich, Germany.
    8. Stephen Taiwo Onifade & Abdul Qahar Khatir & Ahmet Ay & Murat Canitez, 2022. "Reviewing the Trade Openness, Domestic Investment, and Economic Growth Nexus: Contemporary Policy Implications for the MENA Region," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(2), pages 489-512, June.
    9. Olabisi Olabode Eric, 2015. "Trade Liberalization and Economic Growth in Nigeria: Do Concern Matters?," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(6), pages 306-311, June.
    10. Bosede Victoria Kudaisi, 2022. "Trade, Financial Liberalisation And Current Account Balance In Nigeria," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 7(special), pages 36-50, June.
    11. Maria Khan, 2021. "Effect of Natural Resources on Economic Growth in Pakistan: A Time Series Analysis," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 9(1), pages 29-47, March.
    12. Salah Abosedra & Chor Foon Tang, 2019. "Are exports a reliable source of economic growth in MENA countries? New evidence from the rolling Granger causality method," Empirical Economics, Springer, vol. 56(3), pages 831-841, March.
    13. Dominika Choros-Mrozowska, 2020. "Changes and Comparisons in Pattern of Polish Chinese Trade within the “16+1” Format," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 327-342.
    14. Mikic, Mia & Jakobson, Elias, 2010. "Examining the potential for cross-South Pacific trade: ASEAN and Latin America," MPRA Paper 27448, University Library of Munich, Germany.
    15. Unknown, 2012. "Journal of International Agricultural Trade and Development, Volume 08, Issue 2," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 8(2), pages 151-151.
    16. Shimu Afroza Ahammed & Islam Md. Shahidul, 2018. "Impacts of Macro economic variables on the RMG Export Growth of Bangladesh," Economics and Business, Sciendo, vol. 32(1), pages 112-125, June.
    17. Luisa Kinzius & Alexander Sandkamp & Erdal Yalcin, 2019. "Trade protection and the role of non-tariff barriers," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(4), pages 603-643, November.
    18. Ansgar Belke & Daniel Gros, 2017. "The Economic Impact of Brexit: Evidence from Modelling Free Trade Agreements," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 45(3), pages 317-331, September.
    19. A. A. Alikhanov & V. Yu. Skryabina & E. V. Tarasyuk, 0. "Liberalization Trade Relationship Between The Countries: Assessment And Consequences," International Trade and Trade Policy, ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова", issue 3.
    20. Rumiana Górska, 2022. "Sectoral effects of the Japan-EU Economic Partnership Agreement for the European Union countries," Asia Europe Journal, Springer, vol. 20(2), pages 99-114, June.

    More about this item

    Keywords

    preferential trade; EU Trade Policy;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:eajour:y:2018:i:4:p:467-479. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.