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Trade and Welfare Effects of Common Market Membership: An Ex-post Evaluation for Greece


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    This paper discusses the trade and welfare effects of Greece‘s accession to the EC, placing emphasis on non-tariff protective means. It shows that such measures as the harmonization of indirect taxes, the introduction of the OAP, the abolition of non-tariff protective measures as well as of the extensive export subsidies, have had a far larger impact on trade flows than the completion of tariff alignment. As a result, Greek imports have increased much more than exports and the trade balance has severely deteriorated. Static welfare has however improved since trade creation has dominated trade diversion.

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    Bibliographic Info

    Article provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.

    Volume (Year): 46 (1993)
    Issue (Month): 4 ()
    Pages: 360-376

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    Handle: RePEc:ris:ecoint:0432

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    Cited by:
    1. Minoas Koukouritakis, 2003. "Trade Effects due to the EU Accession: The case of Greece ," University of Cyprus Working Papers in Economics 5-2003, University of Cyprus Department of Economics.
    2. Minoas Koukouritakis, 2005. "EU Accession Effects on Export Performance: The Case of Greece," Working Papers 0516, University of Crete, Department of Economics.
    3. Koukouritakis, Minoas, 2005. "EU Accession Effects on the Demand for Manufactures: the Case of Greece," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 58(4), pages 471-488.
    4. Minoas Koukouritakis, 2003. "EU Accession Effects on Imports of Manufactures: The case of Greece ," University of Cyprus Working Papers in Economics 2-2003, University of Cyprus Department of Economics.


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