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Costs and Benefits of EU Eastern Enlargement for Austria

Author

Listed:
  • Fritz Breuss
  • Fritz Schebeck

    (WIFO)

Abstract

The Agenda 2000 of the European Commission and the state of play in negotiations imply that the current candidate countries are going to join the Union in two consecutive groups. This is why simulations for the 2002 to 2010 period, using WIFO's macroeconometric model, assume that the first group of 5 CEECs will accede in 2002 and the other 5 CEECs in 2007. In all, eastward enlargement of the EU is likely to have a positive effect on almost all aggregates of the Austrian economy in the medium and longer term. By 2010, real GDP is projected to be 1.3 percent higher than in a scenario without eastern enlargement. Also, employment figures are expected to rise by around 27,000 workers. The price level would be almost 1 percent lower, and new borrowings of the government would be down 0.4 percent of GDP.

Suggested Citation

  • Fritz Breuss & Fritz Schebeck, 1999. "Costs and Benefits of EU Eastern Enlargement for Austria," Austrian Economic Quarterly, WIFO, vol. 4(1), pages 43-53, January.
    • Handle: RePEc:wfo:wquart:y:1999:i:1:p:43-53
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    References listed on IDEAS

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    1. Fritz Breuss & Kurt Kratena & Fritz Schebeck, 1994. "Effekte eines EU-Beitritts für die Gesamtwirtschaft und für die einzelnen Sektoren," WIFO Monatsberichte (monthly reports), WIFO, vol. 67(5), pages 18-33, May.
    2. Fritz Breuss, 1996. "Der aktuelle Stand der integrationstheoretischen Diskussion," WIFO Monatsberichte (monthly reports), WIFO, vol. 69(8), pages 525-544, August.
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    Citations

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    Cited by:

    1. Fritz Breuss, 2001. "Makroökonomische Auswirkungen der EU-Erweiterung auf alte und neue Mitglieder," WIFO Monatsberichte (monthly reports), WIFO, vol. 74(11), pages 655-666, November.
    2. Pelkmans, J., 2003. "Economic implications of the enlargement of the EU," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 38.
    3. Onaran, Özlem, 2008. "The effect of import penetration on labor market outcomes in Austrian manufacturing industry," Department of Economics Working Paper Series 119, WU Vienna University of Economics and Business.
    4. Fritz Breuss, 2002. "Benefits and Dangers of EU Enlargement," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 29(3), pages 245-274, September.
    5. Jan Stankovsky, 2000. "Teilprojekt 1: Institutionelle Rahmenbedingungen für die Osterweiterung der EU," WIFO Studies, WIFO, number 19146, February.
    6. Fritz Breuss, 2001. "Teilprojekt 12: Makroökonomische Auswirkungen der EU-Erweiterung auf alte und neue Mitglieder," WIFO Studies, WIFO, number 19838, February.
    7. Fink, Gerhard, 2009. "Comparative advantage, regional specialization and income distribution: The case of Austria in perspective," Journal of Policy Modeling, Elsevier, vol. 31(2), pages 239-259.
    8. Özlem Onaran, 2007. "The effects of globalization on income distribution," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 100, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    9. Fritz Breuss, 2010. "15 Years of Austrian EU Membership," Austrian Economic Quarterly, WIFO, vol. 15(2), pages 165-183, July.

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