EU Enlargement Implications on the New Member States Agri-food Trade
AbstractIn the paper dynamic gravity models are estimated for the agricultural trade of six new EU Member States (the Czech Republic, Latvia, Lithuania, Romania, Slovakia, and Slovenia) with selected countries and trade groupings between 1996 and 2005. In general, we find low income elasticities and high price elasticities of import demand for agricultural commodities. The lagged values for trade were highly significant. The accession to the EU increased the new Member States’ exports, but had less impact on their imports. The new Member States have gained significantly from liberalized access to the EU agri-food market.
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Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 2008 International Congress, August 26-29, 2008, Ghent, Belgium with number 44122.
Date of creation: 2008
Date of revision:
Agricultural trade; EU enlargement; dynamic panel data models; International Relations/Trade;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-25 (All new papers)
- NEP-EEC-2008-11-25 (European Economics)
- NEP-TRA-2008-11-25 (Transition Economics)
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